Oil demand growth grinding to lowest in years as global economy stalls
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Article by:
Henning Gloystein, Arpan Varghese - Reuters
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Date Published:
June 13, 2019
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Who was cited:
Fereidun Fesharaki, Chairman FGE
World oil markets have undergone a U-turn, switching from supply-side risks like OPEC’s production cuts or U.S. sanctions against producers Iran and Venezuela, analysts said, to concerns of slowing consumption amid fears of a global recession.
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