- 2023 growth seen at 2.44m bpd
- 2024 growth seen at 2.25m bpd
- OPEC output fell 836k bpd to 27.31m bpd in July after Saudi voluntary cut
- Sees prospects for healthy oil fundamentals in H2
- OPEC's data suggests 2 million barrel a day supply deficit
WTI crude is down 58-cents to $83.83.
OPEC's demand assumptions for next year are at the higher end. Much of that will depend on China, India and Europe.