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Oil dips as surplus forecast overshadows Libya disruption

Updated : January 22, 2020 06:30 PM IST

The head of the IEA, Fatih Birol, said he expects the market to be in surplus by 1 million barrels per day (bpd) in the first half of this year.
Supply is still likely to rise, with US crude production in large shale deposits expected to rise to record highs in February.
Oil dips as surplus forecast overshadows Libya disruption

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