The Organization of the Petroleum Exporting Countries (OPEC) trimmed its world oil demand forecast for the last quarter of 2021, citing the Delta coronavirus variant and saying a further recovery would be partially delayed until next year. The producer group said in a monthly report that it expects oil demand to average 99.7 million barrels per day (bpd) in the fourth quarter of 2021, down 110,000 bpd from last month's forecast.from Energy-Industry-Economic Times https://ift.tt/3tDUVkc
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