IEA sees global market awash with oil in 2017 if no OPEC cut

IEA sees global market awash with oil in 2017 if no OPEC cut
11 November 2016, London — The oil market surplus may run into a third year in 2017 without an output cut from OPEC while escalating production from exporters around the globe could lead to relentless supply growth, the International Energy Agency said on Thursday. In its monthly oil market report, the group said global supply […] More »
IEA sees global market awash with oil in 2017 if no OPEC cut IEA sees global market awash with oil in 2017 if no OPEC cut Reviewed by Crude Oil Facilitators on 11:00 Rating: 5

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