OPEC cuts oil demand outlook for the year, citing the coronavirus outbreak in China as a 'major factor'

Business Insider

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· *The Organization of the Petroleum Exporting Countries on Wednesday slashed its forecast for oil demand growth in 2020, citing the coronavirus outbreak in China as a reason. *
· *Global oil demand growth in 2020 is expected to be 0.99 million barrels per day, down by 230,000 bpd from the previous month's estimate, according...

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