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Headache for OPEC as Oil Market Structure Signals Return of Glut

Shu Zhang, Florence Tan and Dmitry Zhdannikov July 30, 2020

Illustration by Maksym Yemelyanov/AdobeStock

Categories: Energy Middle East Industry News Activity Europe Oil Production Asia North America Africa

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The oil price continues to fall despite no progress in the US-Iran negotiations, and shipping around Hormuz is still disrupted.

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Headache for OPEC as Oil Market Structure Signals Return of Glut

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