OPEC again cuts 2024, 2025 oil demand growth forecasts
Photo caption: OPEC OPEC cut its forecasts for oil demand growth this year and next on Wednesday, highlighting weakness in China, India and other
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Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.
For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.