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China oil consumption

  • In the News

    OPEC Cuts 2024 Oil Demand Forecast Amid Global Uncertainty

    by Victor Adetimilehin August 13, 2024
    by Victor Adetimilehin August 13, 2024

    OPEC has reduced its 2024 global oil demand growth forecast due to weaker-than-expected demand from China, complicating decisions for the OPEC+ group on whether to increase production later this year.

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