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OPEC cuts 2016 global oil demand forecast by 40k

Discussion in 'Market News' started by ForexLive, Oct 12, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Latest OPEC monthly report - 2016 demand 1.25mbpd - Raises 2015 by 40k - Raises 2016 OPEC demand by 510kbpd to 30.82m - Sees 130k drop in non-OPEC demand in 2016 as lower prices reduce supplies in US and elsewhere

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