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OPEC sees stronger demand for oil this year and next

Fuel consumption is recovering while oil production is lower than anticipated, according to the latest update from OPEC.
An offshore oil platform | Photo: Mærsk/Statoil
An offshore oil platform | Photo: Mærsk/Statoil
BY James Herron, BLOOMBERG

OPEC predicted stronger demand for its crude on a combination of rising global fuel consumption and output disruptions elsewhere.

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