IEA sees oil surplus in early 2018 | Markets
Financial Times
2019-03-08
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Rising US shale output may lead to oversupply
US shale oil companies will help production from outside the Opec cartel to grow faster than initially expected next year, with global supply and demand not forecast to balance until late 2018, the International Energy Agency said.
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Rising US shale output may lead to oversupply
US shale oil companies will help production from outside the Opec cartel to grow faster than initially expected next year, with global supply and demand not forecast to balance until late 2018, the International Energy Agency said.
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
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