The bulletin discusses the recent movements in oil prices, highlighting a rally due to anticipated agreements between Russia and OPEC to limit output. However, the rally was halted by rising U.S. gasoline stockpiles. The International Energy Agency (IEA) forecasts no global oversupply from H2 2016 onwards but has cut its 2017 global oil demand forecasts. The document includes a graph of WTI crude oil prices from 2015-2016.
doj/DataSet10/EFTA01377052.pdf
{"title":"CIO Insights Weekly Bulletin — 19 August 2016","key_people":["Saudi Arabia's energy minister"],"document_date":"2016-08-19","document_type":"other","key_locations":["Algeria","Doha"],"key_organizations":["OPEC","International Energy Agency (IEA)","Deutsche Bank Wealth Management"]}