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flag OPEC cuts 2025 oil demand growth forecast to 1.30 million barrels daily, citing U.S. tariffs and economic fears.

flag OPEC has reduced its forecast for global oil demand growth in 2025 due to US tariffs, predicting a rise of 1.30 million barrels per day, down from 1.45 million previously. flag The group cites potential economic slowdowns and decreased consumption as key factors. flag Additionally, OPEC has lowered its global economic growth forecasts for this year and next, attributing the changes to increased trade uncertainties.

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