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Wednesday, October 04, 2023 20:9 GMT
Chinese appetite for oil is expected to raise demand by 500,000 barrels per day after the country curbed its COVID-19 restrictions, OPEC Secretary General Haitham al-Ghais told Abu Dhabi-based Sky News Arabia from Davos on Tuesday.Demand from India and China could compensate for shrinkage expected from developed countries, he added. Separately, Al-Ghais said it is still early to assess the impact of sanctions on Russian oil supply.