Thursday, April 16, 2009

OPEC Oil Market Report for March

Monthly Oil Market Highlights in an audio podcast, as OPEC sees them...

* Outlook is Bearish as world GDP is being revised downward.
* World GDP is contracting by about 1%

* Supply growth is slowing, too
* Days of forward supply (at 60 days) are the highest they have been in 15 years

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