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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    OPEC expects an increase in demand for oil this year by more than two million barrels per day

    Rocky
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    OPEC expects an increase in demand for oil this year by more than two million barrels per day Empty OPEC expects an increase in demand for oil this year by more than two million barrels per day

    Post by Rocky Wed 08 Mar 2023, 5:07 am

    OPEC expects an increase in demand for oil this year by more than two million barrels per day

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    Economy News _ Baghdad
    OPEC Secretary-General Haitham Al-Ghaith announced that the Organization's countries expect oil demand to grow this year by 2.3 million barrels per day.
    This came during a discussion on the platform of the International Energy Conference "CeraWeek", which is taking place in Houston (Texas) in the United States of America, saying, "We see that the market is growing and we expect the situation to improve this year."
    The Secretary-General of "OPEC" stated that "the latest expectations indicate that the demand for oil will increase by 2.3 barrels per day," noting that "most of the growth will be in Asian countries, which includes India and China."
    OPEC + members agreed, on November 5, 2022, to reduce their oil production by two million barrels per day, in an effort to recover oil prices, which fell to about $90 from $120 three months before the decision to cut due to fears of a global economic recession, a rise in US interest rates and a rise in oil prices. dollar.


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