Oil Trader Says Market Can’t Handle OPEC Production Increase
Giant storage tanks at the under-construction Dangote Industries Ltd. oil refinery and fertilizer plant site in the Ibeju Lekki district, outside of Lagos, Nigeria. (Photographer: Tom Saater/Bloomberg)

Oil Trader Says Market Can’t Handle OPEC Production Increase

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(Bloomberg) -- Global oil markets won’t be able to absorb planned production increases by OPEC+ members as demand remains weaker than expected, said the head of commodities trader Mercuria Energy G...