Laredo Oil Inc. (LRDC) Progressing Toward Drilling as 2023 Oil Demand Projected to Increase
OPEC releases “bullish” forecast for oil demand moving into 2023 Healthy global economic growth, improvements in geopolitical developments and containment of COVID-19 in China contribute to positive projection LRDC has leased 37,900 mineral acres in the Western Williston Basin of Montana Despite a slowing economy and worries of a recession, the oil and gas industry has rebounded strongly throughout 2021, with oil prices reaching their highest levels in six years, a recent Deloitte report noted (https://ibn.fm/aobNZ); OPEC’s recent bullish 2023 forecast indicates that upward trend may continue. That’s good news for Laredo Oil (OTC: LRDC), an oil exploration and production…