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Saudi works to boost oil demand

RIYADH: Saudi Arabia is working 'to artificially stimulate oil demand' even as it publicly backs a transition away from fossil fuels, a report said ahead of COP28 climate talks in Dubai.

The report, published on Monday by the Centre for Climate Reporting and Britain's Channel 4 News, focuses on the Gulf kingdom's Oil Sustainability Program (OSP), launched in 2020 to ensure hydrocarbons 'remain part of the global energy mix in the most efficient and sustainable way,' according to its website.