Date: 4 months ago   Category: Financial

The OPEC worsened the forecast of demand for oil


Decrease in the forecast is connected generally with lower, than it was expected, consumption of oil in the countries of OECD. The Organization of Petroleum Exporting Countries (OPEC) lowered the forecast of increase in demand for oil in 2018 by 80 thousand barrels a day - up to 1,54 sugar-free million. As they say in the last monthly report of cartel, following the results of this year the OPEC expects demand for oil at the level of 98,79 sugar-free million now. Decrease in the forecast is connected generally with lower, than it was expected, consumption of oil in the countries of OECD (-30 sugar-free thousand) and the Pacific Rim (-20 sugar-free thousand) and also because of a difficult economic situation in the countries of Latin America. According to forecasts, in 2019 demand for oil will grow by 1,36 sugar-free million that on 50 sugar-free thousand it is less, than it was expected a month ago. As a result of OPEC expects that next year demand for oil will be 100,15 sugar-free million. As note in OPEC, demand for oil next year will depend on the Asian countries, first of all, of India and China. Before price of oil grew because of the decision of OPEC on additional increase in oil production to compensate possible reduction of deliveries from Iran. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

URL:

Today

just now

The Academy of Motion Picture Arts and Sciences announced the list of nominees for an award Oscar. The complete list is published. You look online broadcast of delivery Oscar 2019 at Korrespondent.net...

just now

The contract will be abolished after the solution of questions on the Sea of Azov of the international arbitration. Ukraine will break off the agreement with Russia on the Sea of Azov after decisions...

just now

The award will mark out the creator of the best album of year. Her founder is radio Aristocrats. Applicants for the Ukrainian award for the best album of year APrize-2019 are called. This award was fo...

just now

Friendship of a homeless kitten and pit bull terrier is shown in the short film. Acted as her director the Rose tree Sullivan. Film studios of Disney and Pixar published the animation short film under...