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World oil market prospects for the second half of 2024

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Despite some economic activities’ weakness in few key economies in 1Q24, (i.e. US and Japan), the steady global economic growth has continued in 1H24. Growth in non-OECD economies has held up quite well, and even better-than-expected in the BRIC economies. Should growth in major OECD economies accelerate in 2H24, with non-OECD economies maintaining the momentum ...

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