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Tuesday, May 16, 2017

Global oil market rebalancing speeds up, inventories lag: IEA

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Global oil market rebalancing speeds up, inventories lag: IEA In its monthly report, the IEA kept its global demand growth forecast for 2017 unchanged at 1.3 million barrels per day (bpd), because of slowdowns in previously robust consumer countries such as the United States, Germany and Turkey.

May 16, 2017 at 02:22PM

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