Fri, May 22, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Market Moves, Oil, Resources more

OPEC says ample oil supply to persist in 2013

Posted on 11 October 2012

OPEC trimmed its forecast for world oil demand growth in 2013 due to a slowing global economy and said it expected a trend for ample supply to persist, reinforcing its message that producers are doing enough to tackle high prices.
The Organization of the Petroleum Exporting Countries, in a monthly report, trimmed its forecast for growth in world oil demand in 2013 by 30,000 barrels per day (bpd) to 780,000 bpd and said the risk remained skewed to the downside………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 40596 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31