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ANKARA - The Organization of the Petroleum Exporting Countries (OPEC) on Thursday slightly revised its global oil demand estimates for 2022 to average 100.03 million barrels per day (bpd), according to OPEC's latest monthly oil market report. Although the forecast marks a year-on-year rise of 3.1 million bpd, this remains 300,000 bpd behind the levels of last month's forecast. Pointing to strong economic growth in most consuming countries, OPEC revised up its oil demand forecast for the first quarter of 2022. However, according to the agency's newly-released 2023 forecast, world oil demand is estimated to reach 102.7 million bpd in 2023, surpassing pre-pandemic levels. "In 2023, expectations for healthy global economic growth, combined with expected improvements in the containment of Covid-19 (coronavirus disease 2019) in China, are expected to boost consumption of oil," the report said. The organization said oil demand in the OECD is estimated to increase by 1.6

Saudi arabiaTurkey generalOrganization of the petroleum exporting countriesPetroleum exporting countriesAnkara the organization of petroleum exporting countries opec on thursday slightly revised its global oil demand estimates for 2022 to average 100 03 million barrels per day bpdCcording to opec 39s latest monthly oil market report although the forecast marksa year on rise of 3 1 million bpdHis remains 300000 bpd behind the levels of last month 39s forecast pointing to strong economic growth in most consuming countriesPec revised up its oil demand forecast for the first quarter of 2022 howeverCcording to the agency 39s newly released 2023 forecastOrld oil demand is estimated to reach 102 7 million bpd in 2023Urpassing pre pandemic levels quot in 2023Xpectations for healthy global economic growthOmbined with expected improvements in the containment of covid 19 coronavirus disease 2019 chinaRe expected to boost consumption of oilUot the report said organization oil demand in oecd is estimated to increase by 1 6 million barrels per day