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Prospects for fossil fuels in 2020

Tuesday, November 26, 2019

Subject

Prospects for fossil fuels in 2020.

Significance

OPEC will lose market share in 2020 as non-OPEC production comes onstream. Moderating influences, including some easing of US-China tensions and US shale oil growth decelerating, suggest that OPEC-plus will extend current output curbs but not deepen cuts.

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