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OPEC Reduces Expectations For Global Demand Growth
Wednesday, April 13, 2016 - 11:07am | 291The Organization of the Petroleum Exporting Countries slashed its forecast for global oil demand growth in 2016. According to Reuters, OPEC is now predicting global demand for oil will increase by 1.20 million barrels per day in 2016, marking a reduction of 50,000 barrels per day from its prior...