For the third time OPEC slashed its 2024 and 2025 worldwide crude oil demand growth rate. This year\'s demand was lowered to 1.93 mln bpd, down from last month\'s projection at 2.03 mln mt. Analysts noted much the downgrade came from lower expected Chinese demand. Next year\'s demand growth is seen at 1.64 mln bpd down from 1.74 mln bpd previously forecast.

<div class=\"default-font-wrapper\" style=\"line-height: 1;font-size: 12pt; font-family: Verdana, Geneva, sans-serif;\">For the third time OPEC slashed its 2024 and 2025 worldwide crude oil demand growth rate.  This year\'s demand was lowered to 1.93 mln bpd, down from last month\'s projection at 2.03 mln mt.  Analysts noted much the downgrade came from lower expected Chinese demand.  Next year\'s demand growth is seen at 1.64 mln bpd down from 1.74 mln bpd previously forecast.</div>