NewsWatch: Worry about ice-cold demand, not red-hot inflation, this strategist argues. How to play that scenario.

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High Energy Prices Likely to Mean Less Oil Demand This Year, OPEC Says

Soaring fuel costs amid a global energy crunch were showing signs of weighing on demand, said the Organization of the Petroleum Exporting Countries, and weaker than expected demand for oil in China and India was now likely.

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