OPEC predicted slight increase in demand for oil
Energy
- 10 August, 2017
- 13:29
Baku. 10 August. REPORT.AZ / Global demand for oil in 2017 will average 96.5 mln bpd.
Report informs citing the RBK, this follows from the OPEC forecast.
Compared with the previous version of the document, the demand forecast increased by 100,000 bpd.
In 2018, according to updated OPEC data, oil demand in the world will grow up to 97.8 mln bpd, which is by 100 thousand barrels more than forecasted earlier.
The volume of average daily oil production in non-OPEC countries in 2017, according to the forecast of the cartel experts, will be 55.6 mln barrels.
Latest News
00:34
Azerbaijan celebrates National Music Day
Cultural policy23:53
Trump says progress made toward establishing US military base in Poland
Other countries23:46
Türkiye, Georgia, Azerbaijan plan trilateral mechanism against crime
Region23:17
Photo
Türkiye, Azerbaijan complete preparations for Unity Power 2026 exercise
Military23:06
Pashinyan holds meeting on implementation of TRIPP project
Region22:35
US prepares to approve transfer of 10 Patriot missiles to Ukraine
Other countries22:22
Video
President Ilham Aliyev's social media accounts shared video about his visit to Shamakhi district
Domestic policy22:14
Slovak Prime Minister Robert Fico to visit Ukraine on September 18
Other countries21:58