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OPEC again cuts 2024, 2025 oil demand growth forecasts

By Economic Times - a week ago
OPEC has lowered its forecast for global oil demand growth for the fourth consecutive time. The organization now predicts demand will rise by 1.82 million barrels per day in 2024, down from its previous projection. This revision reflects uncertainty about demand strength, particularly from China, and the pace of transition to cleaner fuels.

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