China and USA Lead Global Oil Consumption Growth, OPEC Reports
China and the USA are expected to significantly drive the increase in oil consumption for the remainder of the year, according to the Organization of Petroleum Exporting Countries (OPEC). The organization has maintained its demand forecasts, highlighting positive economic progress. In its monthly report released today, OPEC stated, “If growth in the main Organization for Economic Co-operation and Development (OECD) and non-OECD economies maintains the dynamics of the first half of the year, economic growth
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