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A Crude Paradox: OPEC Hikes Despite China Slump

by Roukaya Ibrahim, Chief Strategist  

OPEC+ is planning to boost its crude oil output at a time of lingering demand weakness. 

What is driving this decision? And will Chinese oil consumption – historically a key contributor to global oil demand growth – reaccelerate and justify the coalition’s decision to bring back more supply to the market? 

This report answers these questions and more.

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