Thursday, January 30, 2025
OPEC trims 2021 demand forecast but says gas price surge could help- oil and gas 360

OPEC trims 2021 demand forecast but says gas price surge could help

Reuters LONDON -OPEC has trimmed its world oil demand growth forecast for 2021 while maintaining its 2022 view, its monthly report showed on Wednesday, but it said surging natural gas prices could boost demand for oil products as end users switch. The Organization of the Petroleum Exporting Countries (OPEC) now expects oil demand to grow by 5.82 million barrels per