The FX PostThe FX Post
    What's Hot

    Bitcoin and Other Cryptocurrencies Rise Ahead of Federal Reserve Decision

    September 19, 2023

    Target’s Circle Week Deals to Beat Competitors

    September 19, 2023

    Register a Friend Day: Promoting Voter Registration

    September 19, 2023
    The FX Post The FX Post
    • Best Fx Robots
    • Forex
      • News
      • Forex 101
      • Forex Forecasts
      • Broker Reviews
    • Crypto
      • News
      • Crypto 101
      • Crypto Forecasts
      • Crypto Reviews
    • Indices
      • News
      • Analysis
      • Commodities
      • Reviews
    • Automated Trading
      • Forex Signals
      • Forex Robots
      • Copy Trading
    • Top
      • Best Forex Robots
    The FX PostThe FX Post
    Home » OPEC Retain Positive Global Oil Demand Outlook, Expects Mild Impact from Omicron&nbsp
    Indices News

    OPEC Retain Positive Global Oil Demand Outlook, Expects Mild Impact from Omicron&nbsp

    December 13, 20211 Min Read
    Facebook Twitter Pinterest LinkedIn Reddit
    Oil prices industry design, vector illustration eps10
    Share
    Facebook Twitter LinkedIn Pinterest Reddit

    OPEC on Monday upgraded its global oil demand forecast for the first quarter of 2022 but let its full-year growth forecast steady, stating the Omicron variant would have a mild impact.

    • OPEC stated in its monthly report that it projects an oil demand to hover around 99.13M barrels per day in Q1 of 2022, increasing by 1.11M bpd from its forecast the previous month.
    • In its report, OPEC further noted that recovery initially projected in Q4 of 2021 has been shifted to Q1 of 2022 after a steady recovery through the second half of 2022.
    • OPEC retained its forecast that the global oil demand would grow by 5.65M bpd in 2021, after last year’s historic decrease at the start of the pandemic.

    In 2022, OPEC anticipates further expansion in demand of 4.15 million bpd, the same as last month, which will push global consumption past pre-pandemic levels.

    CL1! down -0.67%, USOIL down 0.98%

    Source: Organization of the Petroleum Exporting Countries

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more
    Oil OPEC Petroleum
    Share. Facebook Twitter Pinterest LinkedIn Reddit

    Related Posts

    U.S. Crude-Oil Benchmark Approaching $90 a Barrel

    September 14, 2023

    U.S. Strategic Petroleum Reserve Sees Significant Increase

    September 5, 2023
    9.2

    System Levels Review

    May 26, 2023
    European Central Bank

    Christine Lagarde Solidifies ECB’s Message on Combating Inflation

    June 28, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    41  +    =  48

    Best FX Post
    Best Forex Robots (Expert Advisors) 2021

    Best Forex Robots (Expert Advisors) 2022: Passive Income From Algo Trading Systems

    July 7, 2021

    Top 10 Lending Platforms for Crypto Loans

    June 1, 2022
    forex eurusd trading charts

    Top 10 Best Forex Brokers In All Times

    June 1, 2022
    Recent Posts
    • Bitcoin and Other Cryptocurrencies Rise Ahead of Federal Reserve Decision
    • Target’s Circle Week Deals to Beat Competitors
    • Register a Friend Day: Promoting Voter Registration
    • AutoZone Reports Strong Fiscal Q4 Results
    • Asia-Pacific Stocks Experience Mixed Performance
    Featured Reviews

    Traders Connect Review

    May 18, 2023

    System Levels Review

    May 26, 2023
    TechBerry

    TechBerry Review: Pros, Cons, Recommendations

    September 18, 2021
    Categories
    • Analysis
    • Automated Trading
    • Best FX Post
    • Broker Reviews
    • Commodities
    • Copy Trading
    • Crypto
    • Crypto 101
    • Crypto Bots
    • Crypto Forecasts
    • Crypto Reviews
    • Crypto Robot
    • Forex
    • Forex 101
    • Forex Forecasts
    • Forex Robots
    • Forex Signals
    • Forex Signals
    • Guides
    • Indices
    • News
    • News
    • News
    • News
    • Reviews
    • Reviews
    • Uncategorized
    Twitter BlogLovin
    © 2023, Thefxpost.com.
    • Contact

    Type above and press Enter to search. Press Esc to cancel.