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- IEA Oil Market Report: oil market is tightening, yet global demand falter
IEA Oil Market Report: oil market is tightening, yet global demand falter
IEA keeps forecast of global oil demand growth for 2019 at 1.4mln bpd, supported by robust Chinese and Indian consumption
global oil supply dropped 340,000bpd in March on Opec cuts, lower Venezuelan output
OPEC crude oil production fell 550,000 bpd in March to 30.1mln bpd
global refining throughput fell by 2.5mln bpd in March on unplanned outages, especially in u.s.
Non-opec supply growth decelerated sharply to 2.4mln bpd in Q1, from breakneck pace seen in H2 2018
Venezuela March crude output down 270,000bpd month-on-month at 870,000bpd
OECD oil stocks fell 21.7mln barrels m/m in feb to 2.87bln barrels; stocks are 16mln barrels above 5-yr average
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