Bloomberg |
IEA Sees Oil Glut Easing
Bloomberg Global oil markets will continue to re-balance this year as a pick-up in demand from refiners absorbs record output from several Persian Gulf producers, the International Energy Agency predicted. Refiners around the world will process record volumes of ... IEA sees oil markets slowly tightening after months of oversupply Saudi Oil Output Sets Record Despite Global Glut OPEC pumpfest continues; Saudis at record as U.S. shale cuts back |
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