The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday left unchanged its forecast for global oil demand growth in 2023 for the fourth month, but warned that the global economy faced mounting uncertainty as growth slowed in the second half of the year.
Its monthly report says that global oil demand will grow by 2.35 million barrels per day, or 2.4%, in 2023.
He added that his oil production fell by 464,000 bpd in May to 28.06 million bpd due to voluntary production cuts promised by Saudi Arabia and other members of the organization.
