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Futures & Trading

IEA Dims Oil Demand Outlook Amid Escalating Trade Wars

OMC Editorial Desk 1 year ago 1 min read

Global Oil Demand Outlook Takes a Hit as Trade Tensions Intensify

The latest assessment from the International Energy Agency (IEA) paints a sobering picture for global oil demand growth this year, a critical factor for energy investors. Amid escalating international trade disputes, the agency now projects an increase of just 730,000 barrels per day (bpd) in

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