Another global oil glut looms: International Energy Agency forecasts ‘oversupplied market’ for 2020

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Another global oil glut looms: International Energy Agency forecasts ‘oversupplied market’ for 2020

Posted by The Analyst | July 14, 2019 | Business
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The International Energy Agency (IEA) is predicting the return of a glut in the oil market in 2020, as OPEC expects demand for its crude to drop while its competitors increase production.

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