OPEC lowers its forecast for global oil demand growth: the global economy is facing increasing challenges
She added, "The global economy entered a period of uncertainty and increasing challenges in the fourth quarter of 2022."
On October 5, OPEC + agreed to reduce the production of the known alliance by two million barrels per day, starting next month, which angered the United States of America, which said that the decision would harm the global economy and increase inflationary pressures.
The coalition is scheduled to meet on December 4 to decide whether to cut production again, keep it stable or reverse course and pump more oil.
Saudi Energy Minister Prince Abdulaziz bin Salman said that OPEC + members look at the state of the global economy and see a lot of "doubts".
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