Oil markets expected to remain tight
EIA says while current economic slowdown contributes to decline in demand, sluggish production expected to keep markets tight
The current slowdown in economic growth is contributing to the decline in oil demand and to a sharp decline in oil prices, but sluggish production growth is expected to keep oil markets relatively tight, the U.S. Department of Energy’s Energy Information Administration said in its short-term energy....
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Saudi production up
Natural gas use up
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