Crude Oil Demand to hit 97.7m barrels daily in 5 Months – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) has declared that the World appetite for crude oil would hit 97.72 million barrels daily starting from the next five months. The demand for its crude oil too, the cartel said in a forecast, would surge by 25% to average 29.8 million barrels a day. This projection for 2021, contained in the OPEC’s latest Monthly Oil Market report obtained by Platforms Africa ahead its official release, is higher than the level required in 2019. The report was embargoed until Wednesday when this story…

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