Cuts fourth-quarter 2021 demand forecast by 330,000 bpd Sees demand at 100 mbpd in Q3 2022, later than earlier thought OPEC Oct output rises 220,000 bpd, but four members pump less Sees more U.S. shale growth in 2022 LONDON, Nov 11 (Reuters) – OPEC on Thursday cut its world oil demand forecast for the last quarter of 2021 as high energy prices curb the recovery from COVID-19, delaying the timeline for a return to pre-pandemic levels of oil useuntil later in 2022. The Organization of the Petroleum Exporting Countries in a monthly report also raised its supply forecast from U.S. shale producers next year, a potential headwind to the efforts of the group and its allies, known as OPEC+, to balance the market. OPEC said it […]