OPEC raises forecast for global tight oil output in 2020 to 7 mbpd (4.55 mbpd in 2016 report), sees peak after 2025

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7 November 2017

OPEC raises forecast for global tight oil output in 2020 to 7 mbpd (4.55 mbpd in 2016 report), sees peak after 2025

Trims medium-term demand forecast for its crude on higher non-opec supply view
Sees demand for its crude rising to 33.10 million bpd in 2019, down from 33.70 mln bpd in 2016 report
Says global oil demand could plateau in second half of 2030s if electric vehicles are adopted more rapidly

Catalonia independence drive surges to second largest concern for spaniards after unemployment - official poll

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