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  • Tue. Nov 5th, 2024

Deep OPEC+ cuts won’t be enough to prevent oil inventory build: IEA head

Deep OPEC+ cuts won’t be enough to prevent oil inventory build: IEA head

FILE PHOTO: Fatih Birol, Executive Director of the International Energy Agency, speaks with the media during the International Energy Forum (IEF) in New Delhi, India, April 11, 2018. REUTERS/Altaf Hussain

LONDON (Reuters) – Deep oil output cuts by OPEC and other producing nations would not be enough to prevent a huge build in global crude inventories in the second quarter as measures t

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