LONDON—OPEC said Monday that crude-oil output from rival producers is turning out to be stronger than expected and will result in a bigger glut of petroleum than previously believed this year and next. The findings present a dilemma for the Organization of the Petroleum Exporting Countries before the 14-nation oil cartel meets in Algeria from Sept. 26 to 28 to talk about ways to limit output and bring the crude market back into...
Source: Wall Street Journal September 12, 2016 10:45 UTC