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Exxon says demand is rising but it can collapse if economy falters category
March 8, 2018
Source: World Oil

Exxon says demand is rising but it can collapse if economy falters

Increasing demand is the main reason for the rebounding in oil prices. However, it sends cautious signals that it could collapse back to $40/bbl, if the economy falters.According to the International Energy Agency (IEA), the growing shale production from U.S. is absorbing most of the demand growth and will continue to do so till 2020.

   Read More About : ExxonMobil North America
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