OPEC reduces its forecast for global oil demand growth for the third month

OPEC reduces its forecast for global oil demand growth for the third month

The Organization of the Petroleum Exporting Countries (OPEC) on Monday lowered its forecast for global oil demand growth in 2024 to reflect data issued so far this year and also lowered forecasts for next year, marking the third time in a row that the organization has revised downward forecasts.

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