OPEC Remains Optimistic About Oil Demand Despite Economic Risks

OPEC’s expectations of global oil demand growth “remain generally optimistic,” despite recent headwinds including risks to trade and the global economy, OPEC Secretary General Haitham Al Ghais said on Tuesday. Al Ghais chaired the 17th Technical Meeting of OPEC and Non-OPEC Countries Participating in the ‘Charter of Cooperation’ (CoC), which was attended by delegates from OPEC+ countries and select industry experts. The technical meeting focused on and discussed the short-to medium-term outlook of the global oil market,…