According to OPEC’s latest Monthly Oil Market Report (MOMR), released this Wednesday, the cartel sees global oil demand moderating to 1.45 million bpd in 2019 from the 1.65 million bpd demand growth this year. Key highlights: “¢ Sees enough rival supply to meet oil demand growth in 2019. “¢ Non-OPEC oil supply anticipated to grow by 2.10 million bpd. “¢ 2018 forecast of non-OPEC oil supply growth revised higher to 2.00 million bpd. “¢ Saudi Arabia said to have increased supply by 459k bpd in June to 10.489 million bpd, above its OPEC target. 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 USD/JPY approaches session tops near 111.30 FX Street 3 years According to OPEC's latest Monthly Oil Market Report (MOMR), released this Wednesday, the cartel sees global oil demand moderating to 1.45 million bpd in 2019 from the 1.65 million bpd demand growth this year. Key highlights: "¢ Sees enough rival supply to meet oil demand growth in 2019. "¢ Non-OPEC oil supply anticipated to grow by 2.10 million bpd. "¢ 2018 forecast of non-OPEC oil supply growth revised higher to 2.00 million bpd. "¢ Saudi Arabia said to have increased supply by 459k bpd in June to 10.489 million bpd, above its… Top 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.
