OPEC Sec-General: Oil demand steady amid tensions
OPEC Secretary-General Haitham Al-Ghais emphasized that global oil demand remains strong despite geopolitical tensions, with the organization maintaining its forecast for growth at approximately 1.2 million barrels per day for this year. He explained that the oil market shows resilience and adaptability to political developments, while warning of the risks associated with delaying investments, which could lead to market imbalances in the future. He also underscored the importance of cooperation among producing countries to support market stability and ensure supply security.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)