Quota rollover now, higher demand ahead: OPEC

OPEC’s oil market experts see strong prospects for a quota rollover in Isfahan next week, but urged the cartel to keep close tabs on anticipated demand growth, OPEC sources said on Wednesday.

OPEC’s Economic Commission Board (ECB), which has just crunched supply-demand figures at cartel headquarters, pegged global demand growth at 1.9 million barrels per day (bpd), nearly 200,000 bpd above the secretariat’s assessment last month.

Jang