OPEC sees non-OPEC supply hitting demand for its crude through 2024
October 13, 2023 Comments Off
OPEC is revising down estimates of demand for its crude, amid expectations of growing non-OPEC supply in 2023 and 2024. In its monthly oil market report, the group said that the call on OPEC crude will be 29.1 million b/d in 2023, and 29.9 million b/d in 2024 — both estimates down 100,000 b/d from last month’s report. The call…
OPEC sees non-OPEC supply hitting demand for its crude through 2024
OPEC is revising down estimates of demand for its crude, amid expectations of growing non-OPEC supply in 2023 and 2024. In its monthly oil market report, the group said that the call on OPEC crude will be 29.1 million b/d in 2023, and 29.9 million b/d in 2024 — both estimates down 100,000 b/d from last month’s report. The call…
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