Bloomberg | OPEC Sees Tighter Market as Oil Output Drops to Lowest in a Year Bloomberg The oil-inventory surplus in developed nations has declined by almost 90 percent since the cuts by OPEC and its partners began last January, to just 43 million barrels, the report showed. If OPEC output remains at current levels, world stockpiles would ... Strong Demand, Not OPEC, Is Pushing Oil Prices Higher OPEC sees higher 2018 oil supply from rivals, stronger oil demand Oil prices and Saudi Arabia's perennial Goldilocks problem |