Oil Market News: Oil Prices Jump as OPEC+ Delays Output Hike

1m ago 9:56am CST OPEC Secretary General Remains Bullish on Oil Demand The Secretary General of OPEC, Haitham Al Ghais, remains confident that forecasts of peak oil demand are premature, claiming that there is "too much doom and gloom and pessimism in terms of the demand outlook by some corners in the market". The decision by OPEC+ to delay its planned output hike has reignited demand concerns in the market - with OPEC having reduced its own demand forecast by 100,000 bpd back in mid-October. Despite that, Al Ghais pointed out that OPEC's current…