Tag: oversupply
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“OPEC Plus” lowers its forecast for oversupply in 2022
LONDON (Reuters) – A report prepared by the Joint Technical Committee of “OPEC Plus” and seen by “Reuters” showed that the committee expects the total excess oil supply in 2022 to reach 1.3 million barrels per day, a slight decrease from its previous forecast of 1.4 million barrels per day. .The committee met today, Tuesday,…