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Oil prices up slightly on pipeline outage support - Reuters
Reuters | Oil prices up slightly on pipeline outage support Reuters The Paris-based International Energy Agency (IEA) expects the oil market to have a surplus of 200,000 barrels per day (bpd) in the first half of next year before reverting to a deficit of about 200,000 bpd in the second half. That means 2018 overall ... Rising US shale output may lead to early 2018 oil supply surplus – IEA Oil Hovers Near $57 as IEA Sees Supply Outpacing Demand in 2018 An oil supply surplus is likely in 2018 as US shale output continues to boom |
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