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Commodities

US EIA cuts 2021 world oil demand growth forecast

WASHINGTON, Dec 8 (Reuters) - The U.S. Energy Information Administration on Tuesday cut its 2021 world oil demand growth forecast by 110,000 barrels per day to 5.78 million bpd.

In its monthly forecast, the agency cut its oil demand growth estimate for 2020 by 240,000 bpd to 8.85 million bpd.

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