Reported Earlier: 'OPEC Secretary General Haitham Al Ghais Says OPEC Has Revised ​down Its ‌oil Demand Growth Forecast For ​this Year ​to 400K BPD From ​1.4M ​BPD At The Start Of The ​year' - Reuters News

OPEC has revised its oil demand growth forecast for 2023, reducing it from 1.4 million barrels per day (BPD) to 400,000 BPD. This adjustment reflects changing market conditions and expectations. OPEC's Secretary General Haitham Al Ghais indicated that while demand growth is lower this year, there may be pent-up demand anticipated for 2027.