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Opec revises down 2021 world oil demand outlook

Oil

11 Feb 2021 13:04

London

11 Feb 2021 13:04

(Montel) Opec has revised down its 2021 world oil demand outlook – albeit by only 0.1m bbl/day from its estimate a month ago – due to weaker-than-expected consumption in developed economies where extended or partial pandemic-related lockdowns persist.

The Vienna-headquartered oil producing group now expects oil demand...…

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