OPEC cuts 2022 world oil demand forecast again on Ukraine war Posted on May 13, 2022 by cngpump In a monthly report, the Organization of the Petroleum Exporting Countries (OPEC) said world demand would rise by 3.36 million barrels per day (bpd) in 2022, down 310,000 bpd from its previous forecast. Related posts: OPEC cuts 2022 world oil demand forecast due to Ukraine conflict Nigeria and Angola responsible for almost half of OPEC+ oil supply gap In U-turn, IEA sees world weathering lost Russian oil supply CNG Pump Near Me In Mumbai China crude oil imports rebound in April, but weak fuel demand weighs on refiners OPEC+ opens oil taps gradually as Russian war roils markets OPEC share of India’s oil imports steadies after six-year slump Global crude oil price surges amid warnings of supply shortages Russian war, China lockdowns roil oil markets as OPEC+ meets Goldman Sachs ups 2022 Brent crude oil spot price forecast to $135/bbl