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Home.forex news reportPBOC sets USD/ CNY central rate at 6.9458 (vs. estimate at 6.9135)

PBOC sets USD/ CNY central rate at 6.9458 (vs. estimate at 6.9135)

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Vitol has lifted its long-term oil demand outlook, seeing global consumption peaking around 112m bpd in the mid-2030s. Slower EV adoption keeps road transport central, with 2040 demand seen above today’s levels.


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