{"id":27969,"date":"2017-08-23T08:14:15","date_gmt":"2017-08-23T08:14:15","guid":{"rendered":"https:\/\/v2.ecomnewsmed.com.ecn-01.ovea.com\/2017\/08\/23\/the-oil-market-consumption-increased-to-12-millions-of-barrel-per-day\/"},"modified":"2020-08-11T11:32:08","modified_gmt":"2020-08-11T09:32:08","slug":"the-oil-market-consumption-increased-to-12-millions-of-barrel-per-day","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2017\/08\/23\/the-oil-market-consumption-increased-to-12-millions-of-barrel-per-day\/","title":{"rendered":"The oil market consumption increased to 1,2 millions of barrel per day"},"content":"\nAfter the OPEC\u2019s report on worldwide oil consumption, the Brent prices pushes the market. Oil in Africa and Europe are revived by the economic upturn. After the projections, in 2018 the oil consumption might reach 32,4 bpd (millions of barrels per day) meaning 220 000 bdp more than last year.\u00a0\nSince July, the production of crude oil had increased of 173 000 bpd with almost 33 millions bpd. This is due to the both Libya and Nigeria exempted from the oil regulation.\nDiscover out our latest videos about the economic news in the Mediterranean :\u00a0\n\n\u00a0\n\n","author":75,"featured_media":4980,"comment_status":"open","ping_status":"open","template":"","tags":[5754,5761,5766,5751,5753,5760,5750,5762],"location":[],"class_list":["post-27969","news","type-news","status-publish","has-post-thumbnail","hentry","tag-business","tag-decision-makers","tag-economic-analysis","tag-economy","tag-entrepriseslife","tag-mediterranean-exchanges","tag-news","tag-trending"],"short_url":"","have_related_news":null,"chapo":"The oil market was dramatically down in 2016. However the OPEC (The organisation of Petroleum Exporting Countries) foresees a rising of oil consumption particularly in Africa and North Africa for 2018.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/petroleum-1.jpeg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/petroleum-1.jpeg 550w","sizes":"550px","alt":"The oil market consumption increased to 1,2 millions of barrel per day 1","width":550,"height":360,"ratio":0.67,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/petroleum-1.jpeg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/petroleum-1.jpeg 1170w","sizes":"1170px","alt":"The oil market consumption increased to 1,2 millions of barrel per day 1","width":1170,"height":658,"ratio":0.67,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The oil market consumption increased to 1,2 millions of barrel per day - Ecomnews Med<\/title>\n<meta name=\"description\" content=\"After the OPEC\u2019s report on worldwide oil consumption, the Brent prices pushes the market. 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