Wall Street Journal | OPEC Sees Lower Demand for Its Oil Despite Higher Global Consumption Wall Street Journal The Organization of the Petroleum Exporting Countries said Monday it revised down the demand for its crude this year, to a level far below its current output, despite higher estimates for global consumption. In its closely watched monthly oil-market ... MarketsSaudi oil output hits record, nears ex-Soviet level Iran trade with GCC set to grow but oil spat looms Saudi Arabia faces falling foreign reserves as oil prices still lackluster ... |