In 2023, oil demand will be 102 million barrels per day (b/d), which will exceed the pre-coronavirus pandemic figure by 1.9 million barrels per day. About it in the broadcast of the TV channel Nil TV Haytham al-Ghais, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), VI. He spoke at the opening of the International Exhibition EGYPS (Egypt Petroleum Show).
According to him, by 2025 the demand for raw materials will increase to 110 million barrels per day.
In the second half of January, analysts from the International Energy Agency (IEA) estimated In 2023, growth in global oil demand increased from 1.9 million barrels/day to 101.7 million barrels/day.
February 10, Deputy Prime Minister Alexander Novak declarationHe said Russia would voluntarily reduce oil production by 500,000 barrels a day in March.
Then Reuters reportedthat the countries participating in the unofficial OPEC+ format do not plan to reduce or increase oil production due to the reduction in raw material production from Russia.
The previous day, global economist from the UAE, regional development director at international bank LanceBank Nail al-Jawabara estimated There will be significant increases in oil prices in the coming days, which will cause Russia to decide to cut production.