OPEC slightly raises forecast of global demand for oil in 2015 to 92.5 mln barrels/day
MOSCOW. May 12 (Interfax) - The Organization of Oil-Exporting Countries (OPEC) has raised the forecast for global demand for oil in 2015 by 50,000 barrels a day to 92.5 million barrels per day, the cartel said in a monthly review.
This is 1.18 million barrels per day higher than in 2014.
The demand for oil of OPEC countries is expected at 29.3 million barrels per day against 29 million barrels per day.
Oil supplies by countries that do not belong to the organization will be 57.16 million barrels per day in 2015, which is 680,000 barrels per day higher than the level of last year.
The forecast for oil production in the United States was reduced by 40,000 barrels per day to 13.56 million barrels per day (growth by 700,000 barrels per day in comparison with last year.
The forecast for oil production by Russia was maintained at the previous level - 10.54 million barrels per day, which is a reduction of 30,000 barrels per day in comparison with 2014. OPEC said that in April, oil production in Russia was kept level with March at 10.69 million barrels per day due to supplies from Gazprom Neft's Prirazlomnoye and Novoportovskoye fields. According to the estimates of OPEC experts, Gazprom and Gazprom Neft provided production growth in Russia of 120,000 barrels per day since the beginning of the year due to the increase in condensate production, offsetting the fall in oil production by Rosneft and Lukoil .
