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OPEC Secretary General: 'End of Oil Not in Sight' /
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2024-05-14 13:06:46

OPEC Secretary General: 'End of Oil Not in Sight' on Nostr: OPEC Remains Optimistic About Global Oil Demand Growth =============== #4b17a52e ...

OPEC Remains Optimistic About Global Oil Demand Growth
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#4b17a52e ver:0.08

Despite concerns over China's declining demand for crude oil and a drop in oil prices, OPEC remains optimistic about global oil demand growth. Analysts predict further price declines due to China's economic distress and increased stockpiles in the US. However, OPEC has raised its forecast for world oil demand growth in 2023. China's focus on renewable energy and energy efficiency, as well as its stockpiling strategy for energy security, are impacting oil prices. Greenpeace calls on China to reduce oil production and transition to clean energy sources. The need for transparency and cooperation in global energy markets is emphasized. OPEC Secretary General highlights the continued importance of oil and the need to cut emissions rather than reduce oil use. OPEC maintains its outlook of robust oil demand growth for the coming years. #OilPrices #ChinaDemand #RenewableEnergy #EnergySecurity #Transparency #OPEC...

#newstr #Opec #OilDemand #GlobalEconomy #EconomicGrowth

https://here.news/story/4b17a52e?ver=0.08
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