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IEA Predicts 2.5 Million Barrels Daily Drop in Oil Demand

IEA Predicts 2.5 Million Barrels Daily Drop in Oil Demand

The International Energy Agency (IEA) has projected that global oil demand will decrease by 2.5 million barrels per day by the fourth quarter. This forecast indicates a significant shift in the oil market dynamics, reflecting changes in consumption patterns and possibly economic conditions affecting demand.

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