The world’s excess capacity is tightening…
- The U.S. export revival is threatened by shortage of available ships. (WSJ)
- The International Energy Agency just hiked its oil demand forecasts. (Market Watch)
Note OPEC just increased its oil forecast as well recently, so this is not just the perspective of one organization.
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See Also:
- OPEC Forced To Hike Oil Demand Forecasts Due To A Global Recovery Surprise
- How China And Oil Exporters Will Gouge The World With Current Account Surpluses Over The Next Five Years
- Oil Is A Snooze, The Energy World Is Totally Obsessed With Natural Gas