Wed, Sep 11, 2019
OPEC, in the report, lowered its forecast for world economic growth in 2020 to 3.1% from 3.2% and said next year`s increase in oil demand would be outpaced by "strong growth" in supply from rival producers such as the United States.
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Tue, Aug 02, 2016
Global fuel inventories are brimming as refineries have churned out huge volumes of diesel, gasoline and jet fuel but the supply glut has diminished profit margins and demand has been unable to keep up with supply.
Wed, Jul 13, 2016
Global oil demand is expected to remain at the same levels as last year, OPEC said in its Monthly Oil Market Report on July 12, 2016. However, India is expected to pull up demand.
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