OPEC lowers 2025 oil demand outlook amid U.S. tariff concerns
Source: Xinhua
The Organization of the Petroleum Exporting Countries (OPEC) has revised down its forecast for global oil demand growth in 2025 to 1.3 million barrels per day, citing the expected impact of recently announced U.S. tariffs, News.az reports citing Xinhua.
The adjustment was outlined in OPEC's monthly oil market report released on Monday.
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