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FDC: Oil demand does not support lessening of OPEC cut

Financial Derivatives says the current global oil demand which has failed to fully recover from its pre-pandemic levels does not support the lessening of OPEC’s production cut mandates in January. This comes ahead of the December 1st meeting by the oil producer club and its allies. Pelumi Osode, Senior Economic Analyst at Financial Derivatives joins CNBC Africa for this conversation.


Thu Nov 26 2020 | 14:23:51 GMT+0000 (Coordinated Universal Time)

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