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OPEC+ expects healthy growth for the global economy despite inflation
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OPEC headquarters
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Economy News - follow-up
The Organization of the Petroleum Exporting Countries (OPEC) and its allies in "OPEC+" expect the global economy to grow healthily despite inflation challenges .
The Secretary-General of the Organization, Haitham Al-Ghais, said at the Argus European Crude Oil Conference, today, Tuesday, that the performance of the United States economy is very good despite the fact that the European economy is suffering, and he pointed out that expectations indicate that the annual growth of the Chinese economy will range between 4.5 to 5 percent .
Al Ghais highlighted the growth opportunities in the aviation sector, saying, “There is still room for improvement in the aviation sector, and therefore we are very optimistic about demand .”
He added that OPEC+ is taking a proactive and preventive approach to achieve stability in the crude market .
Views 29
Added 11/07/2023 - 4:31 PM
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