Increases 2018 non-OPEC supply growth forecast to 1.87 mln bpd from 1.8 mln bpd previously
Global refining runs to hit record 83 mln bpd by july-august, but will not cover all refined product demand
"Will monitor developments closely and is ready to act if necessary to ensure markets remain well supplied"
"Too soon" to predict impact on iran crude flows from U.S. sanctions