EIA: Global oil oversupply could return in 2018

The US Energy Information Administration lowered its crude-oil price forecast and raised its US production outlook for 2018 in its latest Short-Term Energy Outlook. The lower price forecast reflects the possibility of a return to modest oversupply in global oil markets in 2018.

Content Dam Ogj Online Articles 2017 06 June Eia Steo World Crude Production Growth
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