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IEA in FID warning

THE International Energy Agency doesn’t see a peak in oil demand any time soon and warns global supplies could struggle to keep pace with demand after 2020, risking a sharp price increase unless new projects are approved promptly.

Anthony Barich
IEA in FID warning

The IEA reported in its latest report, Oil 2017, that while the next three years looks "comfortable", after that demand and supply trends point to a tight global oil market, with spare capacity in 2022...

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