Netherlands, The Gross Domestic Product n.s.a (YoY) remains at 1.9% in 3Q

OPEC forecast demand for its crude oil will decline to 2020. Removal of subsidies and implantation of price controls on petroleum products introduced by some governments in the face of low oil prices will likely restrict demand for oil. However, this time around the fall in demand estimated by OPEC is less than what it was previously expected.