• Global oil demand for 2018 forecast to grow 1.6 mln bpd due to "encouraging environment" - OPEC secretary general

Market news

19 February 2018

Global oil demand for 2018 forecast to grow 1.6 mln bpd due to "encouraging environment" - OPEC secretary general

  • OECD commercial oil stocks rose in jan 2018 and were about 74 mln barrels over latest 5-year average

  • OPEC and non-OPEC producers' technical meeting will take place in june

UK PM May's spokesman says Britain still wants to have the basis of a trade deal with the EU by october
Australian foreign minister Bishop says if UK were to stay in EU customs union, would appear to preclude progress in UK-Australia trade deal
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