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Re: energybuyer post# 49526

Sunday, 09/29/2024 2:35:53 PM

Sunday, September 29, 2024 2:35:53 PM

Post# of 49564
Investors have turned bearish on oil amid fears of an OPEC+ price war and weak China oil demand.

But if world GDP grows 3.3% next year, energy demand will likely surge, Bank of America says.

They say the AI boom will spark data center demand, driving global energy consumption higher.
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