OPEC on June 14 said it expects rising demand for its crude oil, forecasting robust global economic growth in the months ahead and projecting for the first time that Russia’s production will fall year on year. In its closely watched monthly oil market report, the producer bloc kept its forecast of world demand steady at …
The post OPEC finally forecasts Russian crude output fall; faces pressure to ease market squeeze first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John