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HomeEngineeringGlobal oil demand growth forecast cut by 500,000 b/d for 2025: S&P Global

Global oil demand growth forecast cut by 500,000 b/d for 2025: S&P Global

This marks a significant slowdown following an estimated year-over-year increase of 1.75 million b/d in the first quarter of 2025. For the remaining quarters, demand growth is expected to average 420,000 b/d.
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