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global oil demandReuters
•81% Informative
Analysts have lowered their 2024 oil price outlook due to weak fuel demand from China and rising inventory levels.
Saudi Arabia and OPEC+ allies prepare to ease some output cuts from October .
OPEC also cut its forecast for global oil demand growth in 2024 , citing weaker than expected data for the first half of the year .
A further widening of the Israel -Hamas conflict and sustained supply outages could drive prices above $90 a barrel.
VR Score
92
Informative language
98
Neutral language
72
Article tone
formal
Language
English
Language complexity
60
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
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