IEA Sees Non-OPEC Output Rising 2.8Mn B/D Year-On-Year In 4Q 1996
With a resumption in Iraqi crude oil exports looking increasingly likely and no prospect of any downturn in OPEC production levels for the foreseeable future, supply-demand fundamentals outside the producer group will undoubtedly hold the key to oil markets during the remainder of 1996. In this regard, the International Energy Agency (IEA) provided OPEC with at least some comfort when...
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