Around The Barrel – Crude Oil and Gasoline Inventories Outlook


IEA chief, Fatih Birol

US shale production growth to slow down this year and next, Mainly due to financial difficulties
But there will still be “lots of oil in the market”
OPEC should make the “right decision” for themselves and the global economy
It is up to OPEC countries to decide next week
But pressure is strong from non-OPEC countries
Hopes OPEC will make the right decision for themselves and the global economy, which is still very fragile