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Title : Peak Oil? What Peak Oil? Global Crude Oil Supply -- A Glut -- February 28, 2019
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Peak Oil? What Peak Oil? Global Crude Oil Supply -- A Glut -- February 28, 2019

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Overhang.

To say the least.

72 million bbls. 

On the producer side, OPEC inventories remain elevated, up 15 million year-on-year. Saudi says it is their country's responsibility to keep the oil market balanced -- if so, how did they let this get out of control?

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