OPEC cuts non-OPEC crude supply growth forecasts for 2019, 2020

摘要

LONDON (ICIS)--OPEC has revised down its non-OPEC crude oil supply growth estimates for 2019 and 2020 on the back of lower-than-expected output in the US, Brazil, Norway, and Thailand, the cartel said on Friday. Non-OPEC supply growth expectations fell 72,000 bbl/day for 2019 and 50,000 bbl/day since the group’s last monthly oil report, while OPEC production last month fell 246,000 bbl/day as the global economy continued its decline.