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OPEC trims oil demand forecasts again

OPEC, the cartel that oversees the largest block of oil producers in the world has warned that global oil demand growth is waning and that the world’s economic outlook is looking less positive.

OPEC trims oil demand forecasts again

  The Organisation of the Petroleum Exporting Countries said in its latest monthly outlook that world oil demand in 2019 should rise by 1.41 million barrels per day, around 20,000bopd less than it tipped...

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