OPEC cuts oil demand forecastCartel says consumption expected to remain weak due to waning economic growth in industrialized nations, weak US driving season Tarek El-Tablawy Associated Press Business Writer
OPEC sharply revised down its forecast for world oil demand for this year and said expected consumption would remain weak in 2012, citing on Sept. 12 waning economic growth in key industrialized nations and a weak U.S. driving season.
The 12-nation group that supplies about a third of the world’s c....
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