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- IEA says OECD commercial oil stocks fell 14.2 mln bbls in august to 3.015 billion bbls
IEA says OECD commercial oil stocks fell 14.2 mln bbls in august to 3.015 billion bbls
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Opec crude output flat m/m in sept at 32.65 mln bpd, down 400,000 bpd y/y; compliance with deal at 88 pct
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Iea expects global crude and products inventories to fall 100,000 bpd, 200,000 bpd, respectively in 2017
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Says surplus of oil and products over the five-year average fell to 170 million barrels in august
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U.S. Crude output to grow 470,000 bpd in 2017, up 1.1 mln bpd in 2018
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Global crude supply rose 90,000 bpd in sept to 97.5 mln bpd, up 620,000 bpd year-on-year
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Sees non-opec crude supply rising 700,000 bpd in 2017, up 1.5 mln bpd in 2018 to reach 59.6 mln bpd
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