Global Oil Demand in 2018 Forecast to Grow 1.6 Million bpd

core February 19, 2018 Oil Leave a comment 6 Views

Global oil demand for 2018 is estimated to grow 1.6 million barrels per day due to an “encouraging environment“. OPEC Secretary-General Mohammad Barkindo said on Monday.

He said commercial oil stocks for the OECD rose in January 2018 and were about 74 million barrels over the latest five year average.

 

 

Tags

About core

Check Also

IEA Trims Oil Glut Forecast as Supply Surge Halts

The oil market still faces record oversupply next year, according to the monthly report by …

Leave a Reply

Your email address will not be published. Required fields are marked *

Design & Developed by: Arya Media Group
© 2020 | All Rights Reserved by ARYA MEDIA GROUP.