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Spare oil capacity could be ‘stretched to the limit’ by OPEC’s supply boost, IEA says

Spare oil capacity could be ‘stretched to the limit’ by OPEC’s supply boost, IEA says

OPEC’s rejuvenated bid to tame crude prices could soon exhaust the world’s spare capacity cushion, according to the latest monthly report from the International Energy Agency (IEA).
Source: CNBC RSS

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