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OPEC cuts oil demand forecast again as Strait of Hormuz closure continues

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Score: 0.29Center / Neutral

The Organization of the Petroleum Exporting Countries cut the expected global oil demand for 2026 again on Thursday. OPEC’s June report showed a slightly downward trend in forecasted oil demand worldwide for the rest of the year, releasing the report during a heightened week of tensions in the war between the United States, Israel, and […]



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