OPEC on Thursday cut its long-term estimate for world oil demand, saying consumption by 2030 would be 3.7 percent lower than previously forecast as soaring prices drive efforts to save energy.
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OPEC cuts oil demand forecast due to efficiency gainsPosted by UK Economy News
In UK financial news
10Jul 08 OPEC on Thursday cut its long-term estimate for world oil demand, saying consumption by 2030 would be 3.7 percent lower than previously forecast as soaring prices drive efforts to save energy.
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