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J.P. Morgan Says Oil Demand in Early May ‘Indicates Tepid Yoy Growth’

Summary by OklahomaMinerals.com
Story by Andreas Exarheas|RigZone.com| Global oil demand in early May indicates tepid year-over-year growth, analysts at J.P. Morgan, including Natasha Kaneva, Head of Global Commodities Strategy at the company, said in a research note sent to Rigzone by the JPM Commodities Research team on Thursday. “The final figures for global liquids demand in 1Q25 aligned with our forecast, increasing by 1.6 million barrels per day year over year,” the anal…
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OklahomaMinerals.com broke the news in on Monday, May 12, 2025.
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