Headlines:
- NOC Production Halted as Sharara Field Value Closure
- OPEC set to release monthly report tomorrow + Russia not convinced by production cut
- China see’s Coronavirus death toll hit 1000 deaths
- Futures Pointing Up Ahead of US Session
The IEA Oil Market Report was largely in line with OPEC's assesment yesterday - Non OPEC output was seen falling in 2016 by 900,000 B/D - However, they differed on the 2017 perspective with 2017 expectations from the IEA forecasting a modest growth of 200,000 B/D in 2017. Opec Output however rose to an eight year high up 400,000 B/D in June at 3.21M B/D on the...