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OPEC Expects Oil Market to Be Balanced in First Quarter

Summary by Ground News
OPEC expects global oil supply and demand to be in balance in the first quarter. The Organization of Petroleum Exporting Countries will need to provide an average of 28.85 million bpd. The estimates provide further validation for the substantial production curbs OPEC and its allies made late last year.

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Gulf NewsGulf News
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Davos 2023: OPEC expects oil market to be balanced in first quarter

OPEC predicts that world oil demand will increase by 2.2 million barrels a day

·Dubai, United Arab Emirates
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Financial PostFinancial Post
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OPEC Expects Oil Market to Be Balanced in First Quarter

(Bloomberg) — OPEC expects global oil supply and demand to be in balance in the first quarter and its top official said he’s “cautiously optimistic” on the economic outlook.

·Canada
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BloombergBloomberg
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OPEC Expects Oil Market to Be Balanced in First Quarter

OPEC expects global oil supply and demand to be in balance in the first quarter and its top official said he’s “cautiously optimistic” on the economic outlook.

·United States
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Oil & Gas 360Oil & Gas 360

OPEC: global oil market to be “balanced” Q1 2023

World Oil (Bloomberg) — OPEC expects global oil supply and demand to be in balance in the first quarter. Its top official said he’s “cautiously optimistic” about the economic outlook.   The Organization of Petroleum Exporting Countries will need to … The post OPEC: global oil market to be “balanced” Q1 2023 appeared first on Oil & Gas 360.

·Denver, United States
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Bloomberg broke the news in United States on Tuesday, January 17, 2023.
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