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in Economy

Global oil demand hits record and may move higher, says International Energy Agency

by Editor August 11, 2023, 2:32 pm 1.9k Views

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Global oil demand has hit a record and may move higher in August, threatening to prolong a recent rally in crude prices, the International Energy Agency said on Friday.

Demand reached an all-time high of 103mn barrels a day in June driven by better than expected economic growth in OECD countries, strong summer air travel and…

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