- OPEC expects 2020 world oil demand to drop by 9.46 mbpd compared to its previous forecast of 9.06 mbpd decline
Market news
14 tháng 9 2020
OPEC expects 2020 world oil demand to drop by 9.46 mbpd compared to its previous forecast of 9.06 mbpd decline
- Expects 2021 oil demand to rise by 6.62 mbpd compared to its previous forecast of 7.0 mbpd rise
- Says coronavirus impact remains challenging and requires coordinated policy action from all market participants, including OPEC+
- Lowers forecast for global demand for its crude by 700K bpd in 2020 and 1.1mln bpd in 2021, due to higher non-OPEC supply view and lower global demand
- Says oil production rose by 760,000 to 24.05 mbpd in August as OPEC+ eased supply cut
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