Production

Oil eases on expected supply surplus

IEA predicts a market surplus of about 1 million bpd in the first half of 2020

Oversupply: the IEA is predicting a 1 million bpd oil surplus for the first half of the year
Oversupply: the IEA is predicting a 1 million bpd oil surplus for the first half of the year
  • Reuters
IEALibyaUSAFatih BirolSwitzerland
Published 22 January 2020, 06:47Updated 22 January 2020, 06:48