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Oil demand growth will decline with geopolitical concerns on the rise – MS (CL1:COM:Commodity)

Mar. 25, 2025 10:37 AM ETCrude Oil Futures (CL1:COM)GLD, IAU, UCO, USO, GDX, DBO, UNG, USL, SGOL, GDXJ, UNL, DUST, NUGT, BOIL, RING, OUNZ, OILK, BARBy: Monica L. Correa, SA News Editor
Oil market crash

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Oil demand is expected to grow 1.1 thousand barrels per day in 2025, slightly lower than the long-term historical trend of about 1.2 million barrels per year, according to Morgan Stanley analysts.

“However, small downwards revisions are starting to come through,” said

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