OPEC stuck to its forecast for oil demand growth for 2023 and 2024 and said it expects the global economy to grow at a faster pace this year. World oil demand would rise by 2.25 million barrels per day (bpd) in 2024, compared with a growth of 2.44 million bpd this year, OPEC said in its monthly oil market report. Both forecasts were unchanged from last month’s assessment.

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