Thursday 28 March 2024
 
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Opec cuts oil demand view, supply gap shrinks

Opec cut its forecast for global oil demand growth next year because of a worsening economic outlook and said a disappointing economic performance in top consumer the United States could further weigh on fuel use.  The Organization of

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Japan's economy shrinks in quarter

Japan's economy shrank in the second quarter at a faster pace than initially reported as companies held back on capital expenditure due to worries about a rising yen and faltering global growth. Economists say Japan is likely to resume gro

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