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Trump and Harris have the same oil problem

Summary by Semafor
The NewsGrowth in oil demand is cooling off. That’s a complication for both US presidential candidates.In its latest market outlook, the International Energy Agency cut its expectation for demand growth by nearly 100,000 barrels per day, and said growth this year has been the slowest since the pandemic. That has pushed prices to their lowest level in three years, with the international benchmark dipping below $70 per barrel.Yet oil production in…

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