OPEC SECRETARY GENERAL TALKS ABOUT CRUDE OIL DEMAND FORECAST
OPEC decided to delay its planned increase in oil production until after December.
Haitham Al-Ghais, the OPEC Secretary General, mentioned there are challenges but believes the situation is not as bad as some think.
He stated that the global economy is strong, and crude oil demand has not reached its peak.
OPEC has a positive outlook on oil demand, expecting growth in both the short and long term.