U.S. crude gains, slowing global economy challenge oil market in 2019: IEA

January 18, 2019 admin Business News Comments Off on U.S. crude gains, slowing global economy challenge oil market in 2019: IEA

U.S. oil production growth combined with a slowing global economy will put oil prices under downward pressure in 2019, challenging OPEC’s resolve to support the market with output cuts, the International Energy Agency said on Friday.

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Source:: Reuters – Business News