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OPEC cuts oil demand, global growth forecasts

By Frank Prenesti

Date: Wednesday 12 Oct 2022

(Sharecast News) - The Organisation of the Petroleum Exporting Countries (OPEC) on Wednesday downgraded sharply its forecasts for global economic growth and crude oil demand.
In its first report since the controversial decision to cut production by 2 million barrels a day, OPEC cut global gross domestic product forecasts to 2.7%...

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