Will OPEC Increase Production?

Numbers Report – February 16, 2024 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into some data and provide a bit of explanation on what drives the numbers. Let’s take a look. 1. OPEC Plays the Bullish Tune, Hinting at Need to Increase Production- Even though the IEA cut its 2024 demand forecast to 1.22 million b/d this month, OPEC remains vehemently bullish about the oil markets, expecting them to…