IEA Monthly Oil Market Review:
-IEA Keeps World Oil Demand Growth Forecast at 1.4M B/D in 2016
-IEA Downgrades World Oil Demand Growth to 1.2M B/D in 2017
-IEA Sees Lower Oil Demand Growth on Dimmer Macroeconomic Outlook
-IEA Sees Lower Oil Demand Growth on Dimmer Macroeconomic Outlook
-IEA Says Global Oil Supply Up 800,000 B/D in July on Higher OPEC,...
The IEA Oil Market Report was largely in line with OPEC's assesment yesterday - Non OPEC output was seen falling in 2016 by 900,000 B/D - However, they differed on the 2017 perspective with 2017 expectations from the IEA forecasting a modest growth of 200,000 B/D in 2017. Opec Output however rose to an eight year high up 400,000 B/D in June at 3.21M B/D on the...
