OPEC sees small 2020 oil deficit even before latest supply cut

OPEC sees small 2020 oil deficit even before latest supply cut
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13.12.2019

MOSCOW (MRC) -- OPEC pointed to a small deficit in the oil market next year due to restraint by Saudi Arabia even before the latest supply pact with other producers takes effect, suggesting a tighter market than previously thought, reported Reuters.In a monthly report, OPEC said demand for its crude will average 29.58 million barrels per day (bpd) next year. OPEC pumped less oil in Novemb

Full article at mrcplast.com

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