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International Energy Agency: Oil prices rise on strong IEA and OPEC demand estimates, ET Auto

International Energy Agency: The Organization of the Petroleum Producing Countries (OPEC) had said on Wednesday that it expected demand growth of 2.25 million bpd this year, unchanged from its forecast in December. The producer group also said oil demand is expected to rise by a robust 1.85 million bpd in 2025 to 106.21 million bpd.
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