OPEC Deal to Create Oil-Supply Deficit Next Half, IEA SaysBy
Stockpiles to shrink by 600,000 barrels a day as producers cut
Russia to gradually implement the reduction pledged on Dec. 10
Global oil markets will swing from surplus to deficit in the first half of 2017 as OPEC and other producers follow through on an agreement to cut supply, according to the International Energy Agency.
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