OPEC again trims oil demand outlook.

This article reports on the move of the Organization of Petroleum Exporting Countries (OPEC) to reduce its oil demand forecasts for 2011 and 2012. The OPEC attributed the scenario to weaker economic recovery. A report from the OPEC noted the impact of the economic slowdown in the Organisation for Economic Co-operation and Development (OECD) on oil demand in China.