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BBCNEWS World Business Report July 6, 2024

let s start with oil, because at the weekend, the secretary general of the organization of petroleum exporting countries, haitham al ghais, said he expects global oil demand to exceed pre pandemic levels this year. so what does this mean for the oil industry? joining me now is russ mould, investment director at aj bell. does this mean we are going to hit $100 per barrel again in 2023? , ., , hit $100 per barrel again in 2023? ., , ., hit $100 per barrel again in 2023? a, a a, 2023? gosh, that s a tricky question 2023? gosh, that s a tricky question for 2023? gosh, that s a tricky question for this 2023? gosh, that s a tricky question for this time - 2023? gosh, that s a tricky question for this time of i 2023? gosh, that s a tricky | question for this time of day. you can certainly construct a case where you can see oil going back up, perhaps not to the height of last year, but we have china reopening, the davos crowd and the imf seeming less worried about global ....

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BBCNEWS World Business Report June 4, 2024 05:33:00

Letting the federal reserve may keep interest rates higher than expected for longer than expected for longer than expected in america. but in the short term it caused oil traders to run for cover. the 0 ec traders to run for cover. the opec chief traders to run for cover. the opec chief also traders to run for cover. the 0pec chief also giving a stern warning to climate negotiators, saying, look at the big picture. but of course, you need to invest, but people are really going to be concerned that oil investors need to get on the ball with climate policies too. on the ball with climate olicies too. ., ., policies too. environmental companies policies too. environmental companies will policies too. environmental companies will be - policies too. environmental. companies will be desperately frustrated that oil and hydrocarbon demand is going back to pre pandemic levels. it s difficult, because bp came into criticism in some quarters last week for increasing spending notjust on re ....

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