Global oil markets could “drown in oversupply,” sending prices even lower as demand growth slows and Iran revives exports with the end of sanctions, according to the International Energy Agency. The IEA trimmed 2016 estimates for global oil demand as China’s economic expansion weakens and raised ...
IEA Says Oil Rout Could Deepen as Market `Drowns' in Oversupply
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Usman
Forex News
Tuesday, 19 January 2016
IEA Says Oil Rout Could Deepen as Market `Drowns' in Oversupply
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