The OPEC has forecast a more balanced global world oil market during the second half of this year, explaining that outages in Nigeria and Canada helped ease a supply glut that had weighed on prices more quickly than expected. According to the organization, its oil production fell by 100,000 barrels per day in May. It also projected a supply deficit of 160,000 barrels per day in the second half of this year, if the group maintains production levels at May’s rate.
Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing
Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8
Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv
Follow us on: