OPEC Is Cautiously Optimistic About China’s 2023 Oil Demand  ...Middle East

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OPEC Is Cautiously Optimistic About China’s 2023 Oil Demand 
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OPEC is cautiously optimistic about China’s oil demand this year, expecting consumption growth of between 500,000 barrels per day (bpd) and 600,000 bpd in 2023 compared to 2022, OPEC’s Secretary General Haitham Al Ghais said at the CERAWeek energy conference in Houston on Tuesday.   “With China opening up, we are quite optimistic, cautiously,” Al Ghais said, as carried by Reuters. OPEC expects global oil demand to rise by 2.3 million bpd this year, its secretary general said, reiterating an earlier OPEC forecast from…

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