World's Top Oil Traders Don't Expect Recovery Any Time Soon

  • Brimming stockpiles will continue to weaken market, Vitol says
  • Gunvor sees Iran's return keeping a lid on prices next year

OPEC, Saudi Arabia and the Geopolitics of Oil

The world’s largest independent oil traders said supplies will overwhelm demand into next year and prices may not rally until 2017, painting a gloomy outlook for energy-rich nations as OPEC gathers to discuss output policy.

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