Global oil reality 2019

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Global oil reality 2019

It was a sunrise 12 days ago, with a new year. We take a global peek of what this year may have in store for oil. As forecasted by the International Energy Agency, IEA in its Oil Market Report, global demand is projected to increase to 100.8 million barrels per day this year from a daily average of 99.3 million barrels per day in 2018. But another belief is that global oil supply will outpace demand throughout 2019. 

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