Since July, OPEC has cut its demand growth forecasts by nearly 20%, mirroring a notable decline in crude oil prices.
Oil prices drop due to soft demand in China, strong US dollar, and oversupply concerns, impacting global market outlook.
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
The report touched on economic growth expected in a number of countries, including China, where the figure remains unchanged ...
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