Wednesday, January 18, 2017

OPEC sees smaller oil glut, upbeat on non-OPEC cut compliance

LONDON, Jan 18 (Reuters) - OPEC signalled a falling oil

supply surplus in 2017 on Wednesday as the producer group's

output declines from a record high and outside producers show

positive initial signs of complying with the first joint

supply-reduction deal since 2001.

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