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According to Dow Jones on September 12, OPEC quoted second-hand sources as saying that the organization's oil production in August increased by 278,000 b/d month-on-month to an average of 32.
56 million barrels
per day.
OPEC also lowered global oil demand growth to 1.
62 million b/d this year from a previous estimate of 3 million b/d
.
In its monthly report, OPEC said global oil demand this year was estimated at 98.
82 million b/d
.
OPEC cut global oil demand growth in 2019 by 20,000 b/d to 1.
42 million b/d from its previous forecast, largely due to a less promising
outlook for parts of Latin America and the Middle East.
According to Dow Jones on September 12, OPEC quoted second-hand sources as saying that the organization's oil production in August increased by 278,000 b/d month-on-month to an average of 32.
56 million barrels
per day.
OPEC also lowered global oil demand growth to 1.
62 million b/d this year from a previous estimate of 3 million b/d
.
In its monthly report, OPEC said global oil demand this year was estimated at 98.
82 million b/d
.
OPEC cut global oil demand growth in 2019 by 20,000 b/d to 1.
42 million b/d from its previous forecast, largely due to a less promising
outlook for parts of Latin America and the Middle East.
