https://sputnikglobe.com/20240710/opec-keeps-forecast-for-2024-oil-output-growth-outside-organization-at-12mln-bpd-1119325803.html
OPEC Keeps Forecast for 2024 Oil Output Growth Outside Organization at 1.2Mln Bpd
OPEC Keeps Forecast for 2024 Oil Output Growth Outside Organization at 1.2Mln Bpd
Sputnik International
OPEC has kept its forecast for the oil production growth in 2024 outside the organization at 1.23 million barrels per day and expects an increase to 53 million barrels per day, the organization said in its fresh report on Wednesday.
2024-07-10T12:26+0000
2024-07-10T12:26+0000
2024-07-10T12:26+0000
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opec
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"Non-DoC liquids supply (i.e., liquids supply from countries not participating in the Declaration of Cooperation) is expected to expand by 1.2 mb/d in 2024 to average 53.0 mb/d, unchanged from the previous month’s assessment," the report read.Earlier, OPEC committed to remove some 2.2 million barrels per day through 2025 from the joint production of the 23 nations in the alliance. It was originally supposed to make those cuts only until September this year.
https://sputnikglobe.com/20240303/opec-extends-oil-production-cuts-amid-agreement-among-bloc-heavyweights-russia-saudi-arabia-1117115768.html
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opec keeps, oil production growth, oil production
opec keeps, oil production growth, oil production
OPEC Keeps Forecast for 2024 Oil Output Growth Outside Organization at 1.2Mln Bpd
MOSCOW (Sputnik) - OPEC has kept its forecast for the oil production growth in 2024 outside the organization at 1.23 million barrels per day and expects an increase to 53 million barrels per day, the organization said in its fresh report on Wednesday.
"Non-DoC liquids supply (i.e., liquids supply from countries not participating in the Declaration of Cooperation) is expected to expand by 1.2 mb/d in 2024 to average 53.0 mb/d, unchanged from the previous month’s assessment," the report read.
Earlier, OPEC committed to remove some 2.2 million barrels per day through 2025 from the joint production of the 23 nations in the alliance. It was originally supposed to make those cuts only until September this year.
