OPEC cuts outlook by 400,000bopd

OPEC’s latest monthly oil report finds a weaker demand outlook than its expectations last month as it trims its oil demand forecast by a further 400,000 barrels of oil per day. 

OPEC cuts outlook by 400,000bopd OPEC cuts outlook by 400,000bopd OPEC cuts outlook by 400,000bopd OPEC cuts outlook by 400,000bopd OPEC cuts outlook by 400,000bopd

A “gloomy” time as cartel turns 60 

 
The report also marks the group's 60th anniversary, but despite the ‘diamond' date it was little cause for celebration as it said the pandemic had triggered one of the worst economic

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