Opec sees oil demand growth, hopeful for market balance in 2016

October 12, 2015 10:23 AM

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Opec sees oil demand growth, hopeful for market balance in 2016

The oil industry’s ‘best days are yet to come’ as demand will grow to 110 million barrels a day by 2040, said El-Badri

Kuwait: Oil demand will grow and non-Opec supply is due to contract, Opec secretary-general Abdalla Salem El-Badri said, hoping to see a more balanced market in 2016.

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