The Organization of the Petroleum Exporting Countries (OPEC) has cut its global oil demand growth forecast for the third consecutive month, citing persistent economic uncertainties and weakened market sentiment.
The group’s October monthly oil market report, released on Oct. 14, sees global demand rising by 1.9 million barrels per day (bpd) in 2024, down 106,000 bpd from its previous estimate.
China accounted for most of the downgrade, with OPEC trimming its Chinese oil demand growth forecasts to 580,000 bpd from an earlier forecast of 650,000 bpd.
“Worries of slowing demand in China persisted amid weak refining margins and the prospect of the Autumn refinery maintenance season,” OPEC wrote in the report. The group noted that early in September, oil futures prices fell to multi-month lows—amid a broader decline in financial markets.
“Uncertainty about the significance of the U.S. interest rate cut dampened overall sentiments and economic optimism. The release of weak U.S. manufacturing data for August heightened economic concerns. Market sentiment was also affected by concerns about China’s economic outlook,” the group noted. […]
— Read More: www.theepochtimes.com
Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
At Prepper All-Naturals, we believe Americans should be eating real food today and into the future regardless of what the powers-that-be demand of us. We will never use lab-grown beef. We will never allow our cattle to be injected with mRNA vaccines. We will never bow to the draconian diktats of the climate change cult.
Visit Prepper All-Naturals and use promo code “veterans25” to get 25% off plus free shipping on Ribeye, NY Strip, Tenderloin, and other high-quality cuts of beef. It’s cooked sous vide, then freeze dried and packaged with no other ingredients, just beef. Stock up for the long haul today.
Important: Our sponsors at Jase are now offering emergency preparedness subscription medications on top of the long-term storage antibiotics they offer. Use promo code “Rucker10” at checkout!
