Saturday, January 14, 2017

Global Oil Glut To Build Through 2018, EIA Says


INO.com Traders Blog http://ift.tt/2jIxJw8 The Energy Information Administration (EIA) published its Short-Term Energy Outlook (STEO) for January, and for the first time provided its projections for 2018. After all of the hype about the OPEC production cut, it may come as a surprise that the EIA is projecting a rise in global oil inventories in 2017 and 2018. Specifically, […]

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