Global Oil Supply Hit Record High in August: IEA
This is Beirut, 12:20 - Reading : 1 minute(s)
Global oil supply hit a record high in August as OPEC+ and other countries ramped up production, with a looming surplus keeping prices in check, the International Energy Agency said Thursday. Eight key members of OPEC+ group, including Saudi Arabia and Russia, have been gradually increasing production since April after restricting output in ...