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Oil and Gas Management
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Energy Market Outlook
By Wes Turiano, Senior Vice President - Oil and Gas Management Division
Saturday, February 01, 2020
The US Energy Information Administration (EIA) estimates that global oil markets were roughly balanced in 2019, as global oil supply declined slightly and global oil consumption grew at its slowest pace since 2011. However, both supply and consumption are expected to grow in 2020 as prices are expected to recover from late 2019 levels...
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