Rising Global Oil Production

OPEC+ faces 'major challenge' from competitors' surging output: IEA

"The OPEC+ countries face a major challenge in 2020 as demand for their crude is expected to fall sharply," the Paris-based agency said in a monthly report

Updated On: 15 Nov 2019 | 7:01 PM IST

Rising global oil production likely to overtake demand in 2018: IEA

Oil demand grew at a rate of 1.6 million bpd in 2017, the IEA said in its monthly market report

Updated On: 13 Feb 2018 | 8:46 PM IST