OPEC lowered its global oil demand outlook.
For the second quarter of the year.
As the Middle East conflict continues.
It said markets face growing pressure.
Due to geopolitical tensions.
Affecting consumption expectations.
OPEC+ production also declined.
During the month of March.
Compared to February levels.
The drop reached about 7.7 million barrels per day.
Indicating supply disruptions.
And ongoing volatility in global markets.