OPEC flags risk to oil demand outlook from Ukraine war, inflation
March 15, 2022
Nasdaq LONDON, March 15 – OPEC said on Tuesday that oil demand in 2022 faced challenges from Russia’s invasion of Ukraine and rising inflation as crude prices soar, increasing the likelihood of reductions to its forecast for robust demand this year. Oil prices shot above $139 a barrel this month, hitting peaks not seen since 2008, as Western sanctions tightened
