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Grant SmithNY Daily News |
“OPEC showed it couldn’t ignore the current macroeconomic economic realities centered on China and Europe, which point to weaker oil demand...
“It doesn’t look good at all for OPEC in 2025. Everybody would agree that non-OPEC supply is strong enough to create a surplus in the market."
Global oil demand growth is slowing down sharply as economic activity weakens in key countries, the International Energy Agency said as it slashed...
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