Zbigniew Brzezinski dies at age of 89World May 27, 6:57
More than two-thirds of Russians say would like to venerate St Nicholas’s relicsSociety & Culture May 27, 6:40
Russian space budget may grow this yearScience & Space May 26, 20:48
Moscow hopes London High Court will deliver judgement on Ukraine’s debt to Russia soonBusiness & Economy May 26, 20:21
Hungarian top diplomat: EU must discuss anti-Russian sanctionsWorld May 26, 19:56
Russian, French top diplomats discuss preparations for Putin’s visit to FranceRussian Politics & Diplomacy May 26, 19:47
Moscow comments on Tallinn’s move to expel Russian diplomatsRussian Politics & Diplomacy May 26, 19:43
WADA: Legendary Isinbayeva suits role of ambassador for clean sports in RussiaSport May 26, 19:33
Russia working on advanced air defense systemMilitary & Defense May 26, 19:17
MOSCOW, January 18. /TASS/. The Organization of Petroleum Exporting Countries (OPEC) raised the world’s oil demand growth outlook by 10,000 barrels per day (bpd) in 2017, OPEC said in January report.
Oil demand will grow by 1.16 mln bpd this year against 2016 in line with the revised outlook. World’s oil demand volume forecast for this year is increased by 40,000 bpd to 95.6 mln barrels, OPEC said.
"Non-OPEC oil supply in 2016 is now expected to show a contraction of" 0.71 mln bpd, following an upward revision of 70,000 bpd mainly driven by "higher-than-expected growth in Norway, Russia and the US," the OPEC said. In 2017, non-OPEC oil supply is projected to grow by 0.12 mln bpd, representing a "downward adjustment" of 0.18 mln barrels daily, the OPEC reported.