GulfSlope Energy Inc (GSPE)

[smith199]

“OPEC has raised its medium-and long-term oil demand outlook in a forthcoming report, three OPEC sources said, despite the transition toward renewable energy….

The Organization of the Petroleum Exporting Countries is scheduled to update its long-term oil demand forecasts in its 2023 World Oil Outlook on Oct. 9, which is being launched in Riyadh, the capital of top OPEC producer Saudi Arabia….”

OPEC page link to the 2023 World Oil Outlook:

(2023 Outlook scheduled to be released next week)

https://www.opec.org/opec_web/en/publications/340.htm

In spite of the 2.2 million barrel decline in crude inventories this week, WTI had a larger than usual price fluctuation due to an unanticipated build in gasoline stocks. However, it should not take long to work through that.




Mrs. Smith