GENERAL
IEA Puts 4Q Demand at 46.7mn b/d
The latest market assessment by the International Energy Agency (IEA), published in the November issue of its Oil Market Report (OMR), suggests that - providing OPEC sticks to the 16mn b/d crude production ceiling agreed on at Geneva - a stockdraw averaging around 2.5mn b/d is likely to occur in the fourth quarter.
The IEA's November supply and demand figures remain essentially unchanged from its October assessment. Third quarter world demand...
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