OPEC+ committee maintains forecasts for global oil demand in 2021: report

31/05/2021 Argaam

The Joint Technical Committee of OPEC+ maintained its forecasts for the growth of global oil demand at 6 million barrels per day (bpd) in 2021, sources told Reuters.

 

The committee held its meeting on May 30, 2021, to assess the market fundamentals, ahead of the ministerial meeting that will be held on June 1.

 

OPEC and its allies are expected to assess whether producers will have to adjust their production levels over the coming period. Meanwhile, JP Morgan Chase said it is unlikely that OPEC+ will move to boosting production above May levels till next July.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read