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Morgan Stanley gives big boost to global oil demand outlook (NYSEARCA:USO)

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Morgan Stanley analysts on Wednesday raised their global oil demand growth forecast for this year to 1.9M bbl/day from their previous 1.4M bbl/day outlook, citing growing momentum in China’s reopening but flagging higher supply from Russia

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