01.10.2014 - World economic growth to hit 3.4% in 2015 –OPEC
The Organisation of Petroleum Exporting Countries, OPEC has put the 2015 world economic growth at 3.4 per cent. The cartel expect the world oil demand to increase by 1.19 million barrels per day, bpd, representing a marginal downward adjustment, as an upward revision in the non-OECD region was offset by slower OECD growth. The organisation stated in its latest report that non-OPEC oil supply is projected to grow by 1.24 mb/d, representing a downward adjustment of 30 tb/d from the previous forecast during the period...............................................Full Article: Source
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