OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

 

OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

Stocks in June exceeded the five-year average – a yardstick OPEC watches closely – by 67 million barrels. This is despite the supply cuts of OPEC+ and additional involuntary losses in Iran and …

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