Evolution of oil market surplus: 2016 vs. 2015. Demand growth revised up 150 kb/d, non-OPEC supply decline now greater due to lower prices, also, less growth from non-Middle East OPEC members.
Evolution of oil market surplus: 2016 vs. 2015. Demand growth revised up 150 kb/d, non-OPEC supply decline now greater due to lower prices, also, less growth from non-Middle East OPEC members.
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