With oil prices above $80 per barrel, calls for Opec to boost output in the fourth quarter have grown louder in recent weeks. But, according to the group's latest Monthly Oil Market Report (MOMR), uncertain economic conditions are clouding the demand outlook. The report revised down oil demand growth for this year and next, based on questions around the latest global GDP data, Opec Secretary-General Mohammed Barkindo said on the sidelines of the Oil & Money conference, co-hosted by Energy Intelligence and the New York Times, in London on Thursday (related).
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