IEA expects oil glut next year
![Photo: Christian Hartmann/Reuters/Ritzau Scanpix](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article11822264.ece/ALTERNATES/schema-16_9/20180423-234317-7-1920x1080we.jpg)
In its monthly report, the International Energy Agency (IEA) assesses that international oil markets will still be marked by over-supply next year. Even if OPEC and its partners in OPEC+ – encompassing ten additional oil-producing countries, of which Russia is the most important – are delivering on their recently announced production cuts, according to Bloomberg News.
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Aramco raised USD 25.6 billion in world's biggest IPO
For subscribers
Oil supermajors approaching large-scale asset sale
For subscribers