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IEA: Market deficit of 500,000 b/d could occur in first half

Thu Mar 16, 2017 11:35 am

OGJ Production News

Oil stocks from countries in the Organization for Economic
Cooperation and Development rose for the first time in 6 months by a
sizable 48 million bbl to reach 3,030 million bbl at the end of January
due to near-record US crude stocks and gains in Europe.



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