• The International Energy Agency OPEC production in September up to a record high of 33.64 million b / d

Market news

11 October 2016

The International Energy Agency OPEC production in September up to a record high of 33.64 million b / d

  • The excess supply of oil will remain after the first half of 2017 if OPEC does not cut output

  • World oil supply 0.6 million bbl / d in September

  • Oil supply outside OPEC in September, nearly 0.5 million bbl / d in the backdrop of rising production in Russia

  • IEA raises forecast for oil demand in 2017 to 0.2 million b / d, to 97.5 million barrels / d

  • World oil demand in 2017 will grow by 1.2 million bbl / d

  • World reserves of oil in storage in August fell by 10 million barrels, the first time since March,

  • OPEC oil supply rose, with increased production in Libya and Iraq

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.