OPEC ministers see no 2014 glut amid signs of demand

Filed under: Company News,West-Africa Energy |

Oil ministers from Organisation of Petroleum Exporting Countries’ (OPEC) three biggest members rejected the possibility of a glut in global crude supply next year amid an increase in US output and efforts by Iran and Libya to add barrels to the market. The OPEC, which provides about 40 percent of the world’s oil, won’t need…

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