OPEC say oil market expected to balance by end of 2018
Latest OPEC monthly bulletin now out 12 Feb
- 2018 global demand to grow by 1.59m bpd vs prev f/c of 1.53m bpd
- f/c for 2018 demand for crude average 32.86mln bpd down 23k bpd vs prev f/c
Latest bulletin now published that Barkindo previewed earlier.
The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance..