2016 world oil demand forecast unchanged at 1.25mbpd
2016 OPEC crude demand unchanged at 30.82mbpd
Oil surplus will narrow to 560k bpd in 2016 vs 750k seen in Sep
Non-OPEC supply will fall 130k bpd (unch vs Sep) in 2016. Expected non-OPEC oil supply drop will be first since 2007 and will leave a gaping supply hole in the market
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