Offshore

OPEC boosts oil-demand outlook while its production rises

The Organization of Petroleum Exporting Countries upgrades its forecast for the amount it needs to supply this year and next year while its production rises.
Photo: /ritzau/Nabil al-Jurani/Arkiv
Photo: /ritzau/Nabil al-Jurani/Arkiv
BY GRANT SMITH, BLOOMBERG

OPEC boosted estimates of demand for its crude this year and next amid stronger-than-expected fuel consumption and a weaker outlook for rival supply.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs