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Tuesday, May 16, 2017

Global oil market rebalancing speeds up, inventories lag – IEA

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LONDON (Reuters) – The global oil market is rebalancing and the pace at which supply and demand are falling into line is picking up, even if inventories still fail to reflect the impact of OPEC supply cuts, the International Energy Agency said on Tuesday.

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May 16, 2017 at 02:17PM

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