Global oil glut set to last till mid-2017 – IEA

A global oil glut that has hurt producers but means cheaper pump prices look set to go on at least six months longer than previously thought, the IEA said Tuesday, sending world oil prices slumping. The International Energy Agency said demand growth was slowing while supply was rising, meaning the glut was now due to […]

Global oil glut set to last till mid-2017 – IEA

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