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OPEC expects this year’s global oil demand to grow by 5.8 million barrels per day (bpd) from the low 2020 levels, down from last month’s estimate of 5.96-million-bpd annual growth. In its closely watched Monthly Oil Market Report (MOMR) on Wednesday, the cartel kept its 2022 oil demand growth forecast unchanged at 4.2 million bpd
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