In its monthly oil market report, OPEC, citing secondary sources, noted that the oil output in February decreased by 221,000 barrels per day to 30.459 million barrels per day amid the supply drop in Venezuela and the OPEC+ output cut agreement. Key quotes (via Reuters) OPEC raises 2019 non-OPEC oil supply growth forecast by 60,000 bpd to 2.24 million bpd. Strong growth in 2019 non-OPEC output highlights need for OPEC+ producers in supply-cutting deal to continue supporting market stability in 2019. OPEC sees 2019 demand for its crude averaging 30.46mln bpd, down 130,000 from previous forecast. OPEC leaves it’s 2019 global oil demand growth forecast unchanged at 1.25mln. OPEC urges oil producers to prevent return of surplus this year. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BoC: Overnight rate to remain at 1.75% throughout 2020 – TDS FX Street 4 years In its monthly oil market report, OPEC, citing secondary sources, noted that the oil output in February decreased by 221,000 barrels per day to 30.459 million barrels per day amid the supply drop in Venezuela and the OPEC+ output cut agreement. Key quotes (via Reuters) OPEC raises 2019 non-OPEC oil supply growth forecast by 60,000 bpd to 2.24 million bpd. Strong growth in 2019 non-OPEC output highlights need for OPEC+ producers in supply-cutting deal to continue supporting market stability in 2019. OPEC sees 2019 demand for its crude averaging 30.46mln bpd, down 130,000 from previous forecast. OPEC leaves it's… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
