What will the global crude market look like this year?
What will the global crude market look like this year?
2015 saw global production racing ahead of demand and prices continuing to fall. US output rose and Opec maintained a Saudi-led campaign to defend market share.
Conflict in producing regions, Iran’s return to the market, falling US light crude output and slowing demand growth are some of the factors that will determine the direction of the market this year.
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