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OPEC sees higher 2018 oil supply from rivals, stronger oil demand

Updated : April 12, 2018 05:13 PM IST

Oil stocks in the developed world reversed a rise in January to fall by 17.4 million barrels in February to 2.854 billion barrels, around 43 million barrels above the latest five-year average.
Non-OPEC oil supply was forecast to rise by a further 80,000 barrels per day (bpd) this year to 1.71 million bpd.
OPEC sees higher 2018 oil supply from rivals, stronger oil demand

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