OPEC leaves 2022 forecast for global oil-demand growth unchanged

The Organization of the Petroleum Exporting Countries on Thursday left its forecast for global oil-demand growth in 2022 unchanged from its October estimate at 4.2 million barrels a day, while trimming its forecast for 2021 growth by around 160,000 barrels a day to 5.7 million barrels a day. That would put global oil demand at 100.6 million barrels a day in 2022, around 500,000 barrels a day above 2019 levels, while 2021 demand is seen at 96.4 million barrels a day, OPEC said in its monthly report. The organization, meanwhile, left its forecast for non-OPEC liquids supply growth in 2021 and 2022 unchanged at 700,000 and around 3 million barrels a day, respectively. That puts non-OPEC supply at 63.6 million barrels a day this year and 66.7 million barrels a day in 2022.

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Cathie Wood's ARK further reduces Unity Software stake after deal to buy more Palantir

Cathie Wood's ARK Invest kept selling Unity Software undefined after the company announced a $1.6 billion deal to buy Peter Jackson's Weta Digital, according to the disclosure of daily trading activity of the firm's site, selling $27 million worth of shares. ARK had sold Unity shares on Monday and Tuesday, ahead of the group's quarterly results. By contrast, ARK's funds increased their purchases of Palantir Technologies undefined, buying $29 million worth of stock, a day after poorly-received results.

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