Petrobras (PBR) ousted CEO's tenure was marred by disagreements with government-appointed board members over the decision to pay extraordinary dividends to its shareholders.
The International Energy Agency (IEA) has lowered its oil demand growth forecast for 2024 by 140,000 barrels per day (bpd), citing weak consumption in developed economies. This adjustment takes the expected growth down to 1.1 million bpd.
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