OPEC is expected to keep a bullish view on next year’s oil demand growth when it publishes its outlook on July 13, according to Reuters. Anonymous OPEC sources who spoke to Reuters said on Thursday that OPEC’s 2024 demand outlook will likely remain upbeat and above average, although lower than this year’s oil demand growth. For 2023, OPEC said in its June report that oil demand growth was expected to be 2.35 million bpd—a 2.4% increase over 2022, and a rather high rate that comes only after a couple of years of sluggish…
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