Oversupply Of Oil And Demand For Gas Expected In 2020, Says DWF
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Commenting on the global oil trade in 2020, Kiryushin expects there to be an oversupply. He said: “Many oil traders have predicted a bullish 2020 for the global oil industry, with some going as far as speculating the revival of a US$100 per bbl price tag. However, recent market analysis demonstrates that this is unlikely