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Oil glut to last till mid-2017 unless OPEC cuts output – IEA

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Oil glut to last till mid-2017 unless OPEC cuts output – IEA
11 October 2016, Lagos – A massive oil glut may weigh on world markets deep into next year unless the OPEC producer cartel makes good on its promise to cut output, the International Energy Agency said on Tuesday. The oil price has recovered steadily since OPEC said last month that it would reduce production, with […] More »
Oil glut to last till mid-2017 unless OPEC cuts output – IEA Oil glut to last till mid-2017 unless OPEC cuts output – IEA Reviewed by Crude Oil Facilitators on 17:04 Rating: 5

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