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MARKETS

OPEC+ hikes oil market surplus forecast by 100,000 bpd

Joint Technical Committee release eximate

Tim Daiss
OPEC+ hikes oil market surplus forecast by 100,000 bpd

In the base-case scenario, the JTC report estimates that the market surplus will be 3.1 million bopd in September, before dropping to 600,000 bopd in October, data cited by Reuters showed. For November,...

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