Oil market to remain oversupplied despite OPEC+ pact, says IEA

Capt. John

Global oil inventories could rise sharply despite an agreement by OPEC and its allies to deepen output cuts as well as lower expected production by the United States and other non-OPEC nations, the International Energy Agency (IEA) said on Thursday. “Despite the additional curbs … and a reduction...

https://www.hellenicshippingnews.com/oil-market-to-remain-oversupplied-despite-opec-pact-says-iea/

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