OPEC+ faces ‘daunting’ market surplus in 2020 – IEA

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LONDON — As OPEC and its allies meet in Abu Dhabi, the IEA said it faces a significant challenge in managing the market into 2020. Demand for the group’s crude in the first half of 2020 will be 1.4 MMbpd below its August output as production surges from their competitors, including the U.S. Though an […]

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