OPEC revised to low crude demand after uncertainty over conflict between Russia and Ukraine
By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 12, 2022.
The partners of OPEC (Organization of Petroleum Exporting Countries), which participate in the pact with Russia and other producers to limit oil supply, cut the global economic growth forecast for 2022 to 3.79% from 4.29%.