
OPEC reduces oil demand forecast for 2024 as China’s intake weakens
New Delhi [India], August 12 (ANI): The Organization of the Petroleum Exporting Countries (OPEC) has slightly revised down global crude oil demand forecast for 2024, citing softer intake by China. The world oil demand growth forecast for 2024 is revised down slightly by 135,000 barrels per day from the previous month’s assessment. It now stands…