Speaking Sunday at a conference in Manama, Bahrain, El-Badri said demand in 2014 was weaker than expected “at just below 1 million barrels a day” and will rise by 1.2 million barrels a day this year.
http://www.bloomberg.com/news/artic...says-oil-oversupply-is-about-2m-bbl-day-in-1h
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