• OPEC raised its forecast for growth of oil world demand by 0.01 million barrels / day for 2016 and 2017

Notícias do Mercado

14 dezembro 2016

OPEC raised its forecast for growth of oil world demand by 0.01 million barrels / day for 2016 and 2017

  • Countries that are not members of the cartel, necessary to lower production for market rebalancing

  • Saudi Arabia said its production in November increased by 95 000 barrels / day to 10.72 million barrels / day

  • Oil market needed OPEC production cut of 32 million barrels / day, which roughly corresponds to the expected reduction in production

  • Consistent reduction of oil production by 1.8 million barrels / day would lead to market balance in the second half

U.S.: PPI, m/m, November 0.4% (forecast 0.1%)
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