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OPEC

World news about “OPEC” published by euronews.

16/04 13:48 CET

OPEC sees higher oil demand as price fall pressure pays off

OPEC sees higher oil demand as price fall pressure pays off

OPEC says its expect demand for its oil to be higher than expected as its policy of letting prices fall to hurt other producers begins to bite. The Organisation of Petroleum Exporting Countries, which pumps a third of the world's oil, now forecasts demand will average 29.27…