OPEC expects Middle East oil exports to rise



2017/9/25 12:52 • 95 times read


(Reuters) - Oil exports from the Middle East to the Asia-Pacific region are expected to rise by 7.5 million bpd between 2016 and 2040 to boost growth in emerging economies led by the Organization of the Petroleum Exporting Countries (OPEC), OPEC Secretary General Mohamed Barkindo said on Monday. India and China.

Barkindo told an oil conference organized by Standard & Poor's Global Plats that exports would reach 22 million barrels per day from 14.5 million barrels per day during that period.

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