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OPEC Tweaks Forecast

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"OPEC revised slightly higher its estimate for global oil demand growth for 2010. . ."

The Organization of the Petroleum Exporting Countries said Tuesday it revised slightly higher its estimate for global oil demand growth for 2010, but its estimate was "in line with the previous month's forecast." OPEC now expects global oil demand to grow by 950,000 barrels a day to 85.38 million barrels a day. It previously expected growth of 900,000 barrels a day.

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