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OPEC cuts 2022 world oil demand forecast due to Ukraine conflict

OPEC cuts 2022 world oil demand forecast due to Ukraine conflict

[ad_1] LONDON - OPEC on Tuesday cut its forecast for growth in world oil demand in 2022 citing the impact of Russia's invasion of Ukraine, rising inflation as crude prices soar and the resurgence of the Omicron coronavirus variant in China. In a monthly report, the Organization of the Petroleum Exporting

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Oil strikes 2018 highs on demand recovery, Iran nuclear talks

[ad_1] SINGAPORE: Oil prices climbed to highs last seen in October 2018 on Monday as the United States and Iran wrangled over the revival of a nuclear deal, delaying a surge in Iranian oil exports, while investors eyed the outcome of the OPEC+ meeting this week. Brent crude for August had

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