• OPEC+ increases 2022 oil demand growth forecast - Reuters reports, citing two OPEC+ sources

Market news

1 September 2021

OPEC+ increases 2022 oil demand growth forecast - Reuters reports, citing two OPEC+ sources

  • OPEC+ reportedly revised its 2022 oil demand growth forecast to 4.2 million barrels per day (bpd), up from 3.28 million bpd previously
  • OPEC+ sees global oil demand to increase by 5.95 million bpd in 2021 after a record drop of about 9 million bpd in 2020

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