OPEC Leaves 2024 Oil-Demand Growth Forecast Unchanged
The Organization of the Petroleum Exporting Countries (OPEC) has decided to maintain its forecast for growth in global oil demand this year at 2.2 million barrels a day (mbd), matching its previous January outlook. This brings the total oil demand for 2024 to 104.4 mbd, with a slight upward adjustment made for the United States due to improving expectations for its economy.
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