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OPEC Meeting in Focus: Will Oil Production Cuts Continue Through March 2025?
Source: Buzz FX / 03 Dec 2024 09:51:11 America/New_York
- Oil prices are currently stable, but OPEC+ is likely to extend oil output cuts into Q1 2025 due to weaker global demand.
- China’s oil demand may have peaked due to a decline in transport fuel demand and the rise of electric vehicles.
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