VOL. XLI
No. 11
16-March-1998
OPEC
IEA Reports "Overwhelmingly Bearish Market Sentiment"
Mounting physical evidence of softening global crude supply/demand fundamentals -including lower demand forecasts for 1998 and the difficulty of finding storage space foraccumulating inventories caused by a glut of supply - has led to overwhelmingly bearishmarket sentiment, according to the March issue of the Monthly Oil Market Report (MOMR)published by the International Energy Agency (IEA).
On the inventory...
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