OPEC raised its forecast for world oil demand in 2017

© AFP 2017 / Ryad KramdiПредставители member countries of OPEC. Archival photoOPEC raised its forecast for world oil demand in 2017© AFP 2017 / Ryad Kramdi

OPEC raised its forecast for world oil demand in 2017 by 0.28 million barrels per day, up to 96,77 million barrels a day, the report of the organization for September.

In a previous report, the forecast was 96,49 million barrels a day. The forecast for growth in oil demand in 2017 is approximately 1.42 million barrels per day last year. In 2016, the demand for oil in the world amounted to about of 95.35 million barrels per day.

World oil demand in 2018 has also been revised upwards compared to the previous report up to 98,12 million barrels. Demand growth is expected at 1.35 million barrels a day for the past year.

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OPEC raised its forecast for world oil demand in 2017© RIA Novosti, Integratiebeleid in fotomonster and objectives of OPEC

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