OPEC Sees Steeper Drop in Rivals' Supply as Price Curbs Spending

  • Group's output rose by 130,700 barrels a day in January
  • Non-OPEC supply to decline by 700,000 barrels a day this year

Brent Oil Falls Most in 5 Months on Supply Glut

OPEC revised estimates of production from rival suppliers, indicating a steeper drop in non-OPEC supply than previously anticipated.

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