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BNO
Reuters
216 days

In first look at 2026, OPEC predicts robust global oil demand growth

1. OPEC predicts steady oil demand growth for 2026, but reduces 2024 forecasts. 2. China's slowing economy may impact global oil demand trends.

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FAQ

Why Bearish?

Reduced 2024 demand forecasts may lead to lower oil prices, impacting BNO.

How important is it?

OPEC's assessment of demand is crucial for oil ETFs like BNO.

Why Short Term?

Upcoming 2024 demand changes could quickly affect oil prices and BNO.

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