💨 Abstract

Oil prices rebounded on Wednesday after falling near a two-week low, but gains were limited due to a strong U.S. dollar. OPEC lowered its global oil demand growth forecasts for 2024 and 2025, citing weak demand in China, India, and other regions. and global oil production are expected to rise this year, according to the U.S. Energy Information Administration.

Courtesy: theprint.in

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