OPEC sees slower 2023 oil demand growth, no big shale gain

环球ug代理www.ugbet.us)开放环球UG代理登录网址、会员登录网址、环球UG会员注册、环球UG代理开户申请、环球UG电脑客户端、环球UG手机版下载等业务。

The OPEC logo pictured at a meeting - Reuters

LONDON: OPEC expects global oil demand to rise in 2023 but at a slower pace than 2022, the producer group said in its first forecast for next year, citing still robust economic growth and progress in containing COVID-19 in China.

In a monthly report on Tuesday, the Organization of the Petroleum Exporting Countries (OPEC) said it expects demand to rise by 2.7 million barrels per day (bpd), or 2.7%, in 2023. It left this year's growth forecast unchanged at 3.36 million bpd.

Oil use has rebounded from the pandemic-induced slump in 2020 and is set to exceed 2019 levels this year. The outlook for 2023 suggests a strain on supplies could persist as growth in non-OPEC output, which has been hit by Russian losses, is expected to lag the rise in demand.

"In 2023 expectations for healthy global economic growth amidst improvements in geopolitical developments, combined with expected improvements in the containment of COVID-19 in China, are expected to boost consumption of oil," OPEC said in the report.

OPEC's demand forecast for 2023 is more optimistic than that of the International Energy Agency, another closely watched forecaster, as well as initial views from OPEC delegates calling for a steeper slowdown due to high prices.

The 2023 forecasts assume there will be no escalation of the war in Ukraine and that risks such as inflation do not take a heavy toll on global economic growth, OPEC said.

OPEC kept this year's global economic growth forecast at 3.5% and forecast growth of 3.2% in 2023, adding uncertainty was skewed to the downside and upside potential "quite limited".

,

telegram采集群组www.tel8.vip)是一个Telegram群组分享平台。telegram采集群组包括telegram采集群组、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。telegram采集群组为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

,

Oil held on to an earlier decline after the report was released, trading below $103 a barrel and well off the near-record high of $139 it hit in March.

MORE OPEC OIL NEEDED

The supply outlook for 2023 suggests that the market could remain tight.

OPEC expects non-OPEC supply to rise by 1.7 million bpd, lagging demand growth and a slowdown from 2022. As a result, OPEC forecast the world will need 30.1 million bpd in 2023 from its members to balance the market, up 900,000 bpd from 2022.

That could be a stretch, since the group and allies including Russia, known as OPEC+, have been struggling to deliver on pledged output hikes in 2022 to unwind huge cuts made in 2020.

Spare production capacity in OPEC has been thinned by underinvestment in oilfields by some members. Adding to scepticism on this, Saudi Arabia has been pumping below its OPEC quota despite near-record prices.

OPEC's report showed OPEC output bucked that trend in June, rising by 234,000 bpd to 28.72 million bpd with increases led by Saudi Arabia and the United Arab Emirates.

Even so, Saudi Arabia was assessed by the secondary sources used by OPEC as pumping 10.59 million bpd in June, below its OPEC quota. Saudi Arabia told OPEC it pumped 10.65 million bpd, close to the quota of 10.66 million bpd.

  • 评论列表:
  •  皇冠官网开户(www.hg108.vip)
     发布于 2022-10-21 00:01:51  回复
  • hội bàn đề(www.vng.app):hội bàn đề(www.vng.app) cổng Chơi tài xỉu uy tín nhất việt nam。hội bàn đề(www.vng.app)game tài Xỉu hội bàn đề online công bằng nhất,hội bàn đề(www.vng.app)cổng game không thể dự đoán can thiệp,mở thưởng bằng blockchain ,đảm bảo kết quả công bằng.
    人这么少吗?不科学

添加回复:

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。