Oil glut to swamp demand until 2020 - FT.com:
"The oil market will remain oversupplied until the end of the decade as the push for cleaner fuels and greater efficiency offsets the effect of lower prices, the world’s leading energy forecaster said.
In its annual outlook, the International Energy Agency said oil demand would rise by less than 1 per cent a year between now and 2020, slower than necessary to quickly mop up an oil glut that has driven prices to multiyear lows."
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