The bank has also lowered demand projections for Europe and North America in 2023 while raising that for China. This led to a 600,000 barrel per day cut for 2024 estimates while keeping 2023 demand forecast unchanged.
The bank has also lowered demand projections for Europe and North America in 2023 while raising that for China. This led to a 600,000 barrel per day cut for 2024 estimates while keeping 2023 demand forecast unchanged.