Non-OPEC Supply Growing Slower Than Expected – OPEC

The Organization of Petroleum Exporting Countries will have to pump at its highest rate this winter despite slowing world oil demand because of sharply weaker oil output from non-OPEC producers, the group said Tuesday.

OPEC trimmed its forecast for oil demand growth for the year by 80,000 barrels a day to 1.82 million b/d for a total83.94 million b/d, citing weakening economic growth and high prices.
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