OPEC slashes oil demand outlook on global economic uncertainty after earlier predictions of supply shortfalls

Dec 13 2022 by Business Insider

 
Representatives of OPEC member countries attend a press conference after the 45th Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting in Vienna, Austria, on October 5, 2022.

Vladimir Simieck/AFP/Getty Images

OPEC slashed oil demand outlook on Tuesday on signs of global uncertainty.  The cartel now predicts demand will be roughly 380,000 barrels a day below previous estimates.  "The year 2023 is expected to remain surrounded by many uncertainties,...
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