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oil demand forecast for 2024

OPEC Cuts Global Oil Demand Forecast for 2024

OPEC Cuts Global Oil Demand Forecast for 2024

12 Aug 2024

The Organization of the Petroleum Exporting Countries (OPEC) has slightly downgraded its global crude oil demand forecast for 2024, citing weaker consumption in China. World oil demand growth for 2024 is now projected to increase by 2.1 million barrels per day, a slight decrease of 135,000 barrels per day from...

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