On the 14th local time, the Organization of the Petroleum Exporting Countries (OPEC) released the September Crude Oil Market Report, which adjusted the growth rate of global crude oil demand in 2020 from a decline of 9.06 million barrels per day to a decline of 9.46 million barrels per day. It is expected that 2020 The annual global crude oil demand was 90.23 million barrels per day, and the global crude oil demand forecast was lowered for the second consecutive month.
The report also pointed out that due to the impact of the new crown pneumonia epidemic, there is a lot of uncertainty in the global economy. The global economic growth in 2020 is expected to be -4.1%, which is lower than the -4%predicted in the previous month. Global crude oil demand is expected to grow at 6.62 million barrels per day in 2021, and global crude oil demand is expected to be 96.86 million barrels per day in 2021, both lower than previous forecasts. (Headquarters reporter Zhu He)