OPEC Sees Oil Demand Increasing, But Output Is Decreasing

OPEC maintains their 2023 demand forecast, which is steady at 29.2M BPD. David Williams discusses energy commodities to keep in focus, as well as levels investors should watch for energy products. He talks about the lates with OPEC as crude output declined 86K BPD in March to 28.80M BPD. OPEC sees China oil demand up 760K BPD in 2023, while OPEC sees world oil demand up 2.32M BPS in 2023. He then examines recent activity in crude oil, and the outlook for crude oil prices. Finally, he goes over how a weaker dollar impacts energies. Tune in to find out more about futures and the stock market today.