Oversupply of oil could create glut of 4m barrels a day, says energy watchdog
Warning comes as scenario in which global demand continues to grow until 2050 is included in IEA outlook report The world is producing more oil than it needs and by next year there could be a glut of 4m excess barrels a day entering the market, according to the global energy watchdog. The (…)
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The Guardian (Asia Pacific)
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