OPEC sees prospect for healthy oil market fundamentals in second half


LONDON: OPEC on Thursday said it saw prospects for a healthy oil market in the second half of the year and stuck to its forecast for robust oil demand in 2024 as the outlook for world economic growth slightly improves.

The oil producer group's upbeat view comes as global oil prices have reached the highest since January. Tight supply has given impetus to the rally and OPEC's monthly report also showed Saudi Arabia delivered on a voluntary output cut in July.

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OPEC , oil prices , Brent , OPEC+

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