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OPEC expects lower demand for its oil as U.S. hits new milestone

FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits
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LONDON (Reuters) - OPEC expects lower demand for its crude oil in 2020 even as global demand rises, it said on Wednesday, as rival producers grab market share and the United States sets another output record.The United States, which has seen its output soar in recent years on the back of a shale revolution, will see total liquids output exceed a 20 million barrel per day (bpd) milestone for the..
Date Published: Jan 15, 2020
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