MacroVoices #412 Dr. Anas Alhajji: 2024 Petroleum Outlook Update
Macro Voices
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Surprises in Oil Production and Imbalanced Growth in Demand
The chapter addresses misconceptions about surprises in oil production and explains their impact on OPEC's decision to cut production. It discusses the surprises in production numbers in various countries and emphasizes the importance of understanding the role of biofuel. The chapter also highlights the imbalanced growth in demand and the recovery phase in 2024.
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