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Surveillance: Oil Demand with Morse

Bloomberg Surveillance

00:00

Demand Isn't There, as People Had Hoped.

Demand is simply not growing on an empirical basis to the degreev that people had expected. Almost everybody has reduced their expectations of demand for the year. We reduced ours by about a million, 200 thousand barrels a day. And i expect that we'll be seeing further downwag revisions in demand.

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