OPEC Secretary General Sees Oil Prices Staying High

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OPEC Secretary General Sees Oil Prices Staying High
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OPEC’s Secretary General believes rising global energy demand will keep oil prices elevated for the next year.

Start Trading CFDs Over 2,200 Different InstrumentsStart Trading CFDs Over 2,200 Different Instruments22 hours5 daysTsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.

“For next year we see demand continuing to grow north of 2 million barrels a day - of course, all subject to some of the uncertainties in the global market,” said the top official of OPEC, whose members are currently cutting supply to the market under the OPEC+ agreement. This week, oil prices have tumbled due to the rising U.S. dollar and concerns about higher-for-longer interest rates.

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