OPEC faces surprise outcome after oil cuts: higher stockpiles
When OPEC and Russia meet next month to assess the impact of their oil cuts they face a surprising outcome: stockpiles are even higher than when they started.
Inventories have started to decline, but by the time ministers gather in Vienna on May 25, developed nations still wont have burned through the big stockpile increase caused by a surge in OPEC output just before the cuts came into force, data from t ...
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