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Too much oil supply is back, causing global oil price to slide from $US 85/B in October to under $US 70/B now. This week’s podcast reviews the outlook for global oil supply and the strategy of OPEC plus in the face of low price.This podcast references a figure on the future of global oil supply to 2023.
Another related post is OPEC Plus: Still in the Business of Managing the Oil Markets.
Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/
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