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British economy rises on AI growth
The International Energy Agency's projections for global oil demand in 2026 have been revised downward by 2.5 million barrels per day, due to the conflict in the Middle East and rising fuel prices, especially diesel, compared to August's estimates which indicated a decline of 1.6 million barrels per day. The total oil consumption in 2026 is now expected to reach around 102.44 million barrels per day, down from the previous forecast of 103.29 million barrels.
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