The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday credited the U.S. and European Union for better-than-expected economic growth in 2022, while cautioning that such progress may slow this year. The growth dynamic in both the U.S. and the Euro-zone played a key role in lifting last year’s global economic growth estimate to 3 percent, the Vienna-based group stated in its monthly oil market report. These positive trends, as well as economic support measures in China and “sound momentum” in India, should help maintain a “good growth level” in 2023, according to the report. Nonetheless, the report predicted that growth would remain as anticipated at about 2.5 perc
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