OPEC Raises Forecast For China’s Oil Demand Growth Again

April 13, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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Chinese oil demand is set to grow by 760,000 barrels per day (bpd) this year, OPEC said on Thursday, raising slightly its demand growth outlook for China while leaving global oil demand projections unchanged from last month. China’s oil demand is now expected to average 15.61 million bpd this year, up by 760,000 bpd year-over-year, OPEC said in its Monthly Oil Market Report (MOMR) today. The latest growth estimate is higher than the 710,000 bpd growth expected in last month’s report. While raising the outlook on China, OPEC left its…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

OPEC Raises Forecast For China’s Oil Demand Growth Again

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