OPEC upbeat over 2024 oil demand outlook despite slowdown

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OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this month, predicting a slowdown from this year but still an above-average increase, sources close to OPEC said. | Reuters

and geopolitical uncertainties, which this year included China’s lifting of coronavirus lockdowns and rising interest rates.growth in 2023 of 2.7 million bpd in its first forecast published in July 2022, later revising it down to 2.

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