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gamingcryptooncoinbase| OPEC: Stop publishing global crude oil demand forecasts and shift to OPEC + demand forecasts

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[OPEC will stop publishing crude oil demand forecasts in its monthly report and focus on OPEC + Group oil demand]

OPEC will stop announcing global demand for its crude oil in its monthly oil report, two people familiar with the matter saidgamingcryptooncoinbaseand turned to focus on forecasts for the broader OPEC + group's oil demand. this change reflectsgamingcryptooncoinbaseIt reflects the long-standing cooperation between OPEC members and its broader organization in collectively deciding oil supplies.

gamingcryptooncoinbase| OPEC: Stop publishing global crude oil demand forecasts and shift to OPEC + demand forecasts

OPEC's estimates of OPEC crude demand released in its monthly report, sometimes called the "OPEC Call," are seen by analysts and traders as an important indicator of the strength of the oil market. But sources said that starting this month, OPEC will only give estimates of crude oil demand from DoC (the official name of OPEC +) members.

One of the sources said it made more sense to focus on crude oil demand from a wider range of groups now because the DoC has now become a cooperation framework for the oil market.