Europe

OPEC cuts oil demand growth guidance for fifth time

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OPEC cuts oil demand growth guidance for fifth time

The Organisation of the Petroleum Exporting Countries (OPEC) has trimmed its guidance for oil demand growth in 2024 for the fifth time this year, it said in its final monthly oil market report (MOMR) for the year. The producer group now expects 2024 oil demand to grow by 1.61 million barrels per da...

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