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Wednesday, October 11, 2017

OPEC Boosts Oil Demand Estimates, Saudi Production Lowest Since May

In its latest OPEC Monthly Oil Market Report (October) the oil cartel has increased its oil demand estimates for 2017, 2018 on strengthening world economy, and weaker outlook for supplies from its rivals. Specifically, OPEC forecasts that based on the current global oil supply/demand balance, dem...
OPEC Boosts Oil Demand Estimates, Saudi Production Lowest Since May

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