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12/08/2015at 15:57

IEA projects oil flood far into 2016

The abundance of oil on the global markets will continue in 2016, projects the International Energy Agency in a new analysis.
Photo: COSL
Photo: COSL
BY CHRISTIAN BARTELS

The massive global supply of oil helping to push prices down will continue to flood the market far into 2016, reports Bloomberg on the basis of a monthly report from the International Energy Agency, IEA, in Paris.

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