Telegraph.co.uk | Oil glut 'may be easing' as non-Opec producers cut back Telegraph.co.uk Oil output from producers outside the Organisation of Petroleum Exporting Countries (Opec) is falling faster than expected, helping the market to rebalance. Non-Opec oil producers are expected to lower their supply by 740,000 barrels a day in 2016, to ... OPEC Sees Rival Oil Production Declining as Markets Rebalance IEA forecast sees oil glut coming to an end soon OPEC signals greater oil glut in 2016 as its output surges |