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- OPEC sees 2020 demand for its crude averaging 29.58 mln bpd, unchanged from previous forecast
OPEC sees 2020 demand for its crude averaging 29.58 mln bpd, unchanged from previous forecast
Sees non-OPEC supply rising by 2.17 mln bpd in 2020, unchanged from previous forecast
Leaves forecast for 2020 global Oil demand growth unchanged at 1.08 mln bpd or 1%
Points to 2020 supply deficit of 30,000 bpd if OPEC keeps production at November’s rate, down from 70,000 bpd surplus in previous estimate
Says November oil output fell by 193,000 bpd m-o-m to 29.55 mln bpd as Saudi Arabia cuts supply
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