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Home › IEA: Deep Oil Output Cuts Wont Offset Unprecedented Demand Loss

 

IEA: Deep Oil Output Cuts Wont Offset Unprecedented Demand Loss

2020-04-06 11:10:00| OGI

Even with output cuts of 10 million bbl/d, the equivalent of 10% of global supply, oil inventories would still rise by 15 million bbl/d in the second quarter, IEAs Fatih Birol says.

Tags: loss deep oil output

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