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OPEC cuts 2016 world oil demand growth forecast to 1.25bln bpd vs 1.26bln prev

Discussion in 'Market News' started by ForexLive, Feb 10, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Latest OPEC report now out - says (citing secondary sources) says OPEC crude output rose 130k bpd to 32.33mln bpd in Jan - Saudi Arabia told OPEC it raised output in Jan to 10.23mln bpd vs 10.14mln in Dec Really? I don't see oil price being a factor in most producers output still, especially not Iran's.

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