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OPEC says oil demand will exceed prepandemic levels in 2022.



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Daily Business BriefingSept. 13, 2021Updated Sept. 13, 2021, 11:12 a.m. ETSept. 13, 2021, 11:12 a.m. ET Because of the rise of the Delta variant of the coronavirus, OPEC expects some of the recovery in oil demand previously forecast this year to be put off until 2022.Credit…Facundo Arrizabalaga/EPA, via ShutterstockThe Organization of the Petroleum Exporting Countries said on Monday that demand for oil was expected to rebound above prepandemic levels next year.In its Monthly Oil Report, the group said that it expected oil demand to average 100.8 million barrels per day in 2022, compared with just over 100 million barrels a day in 2019 before the pandemic …

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