OPEC Secretary -General shows optimism about oil demand expectations in 2023

The new Secretary -General of the Organization of Petroleum Exporting Countries (OPEC) said that the decline in oil prices recently reflects fears of economic slowdown and hides the basics of the actual market, while expressing a relatively optimistic view on the market expectations for the year 2023 as the world is confronting the growing inflation.

Haitham Al -Ghais, who took office on August 1, told Archyde.com that the demand for oil is strong in the actual market, and that the concern regarding the slowdown in the Chinese economy is exaggerated, adding that the demand is likely to find support from the use of aircraft fuel with the increase in travel.

(function(P,o,s,t,Q,r,e)P[‘RecsWidgetObject’]=Q;P[Q]=P[Q])(
window,document,’script’,’//widget.postquare.com/_widget_loader.js’,’__posWidget’);
__posWidget(‘createWidget’,wwei:’POSTQUARE_WIDGET_122394′,pubid: 165709,webid:171079,wid:122394,on:’postquare’);