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Global oil demand registers 2.4% growth in second quarter: IEA

14 September 2017
Global oil demand registers 2.4% growth in second quarter: IEA

Global oil demand is growing faster than anticipated this year, according to the International Energy Agency (IEA). 

Analysts say oil demand grew 2.4 per cent in the second quarter of this year. 

Analysts say that’s good news for the UAE, which is part of a global pact among major oil producers to cut oil production in a bid to prop up prices,