IEA sees oil surplus in early 2018 | Markets
- 5 years ago
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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.
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For more video content from the Financial Times, visit http://www.FT.com/video
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