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OPEC again cuts 2024, 2025 oil demand growth forecasts

  • OPEC has cut its oil demand growth forecasts for 2024 and 2025 due to revised expectations, indicating a slower recovery in global oil demand.
  • OPEC's latest forecast reflects uncertainties in the market that impact oil demand predictions.
  • Economic conditions and other factors are being closely monitored by OPEC, which is observing developments affecting the oil market.
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