- OPEC sees global oil demand to drop 9.07 million bpd in 2020 vs. its previous forecast of 6.85 million bpd decline
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13 tháng 5 2020
OPEC sees global oil demand to drop 9.07 million bpd in 2020 vs. its previous forecast of 6.85 million bpd decline
- Non-OPEC supply forecast to fall 3.50 million bpd vs. its previous forecast of 1.5 million bpd drop
- All producers outside of OPEC has so far announced curbs of 3.6 million bpd
- Says worst demand contraction in major centers is expected in Q2 of 2020
- Supply curbs are already started showing positive response, with rebalancing expected to pick up faster in coming quarters
- OPEC oil output rose by 1.80 million bpd in April to 30.41 million bpd
- Saudi Arabia boosted oil output in April by 2.274 million bpd to a record of 12.007 million bpd
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