OPEC output may be stretched to limit by supply crises, IEA says

A pumpjack is silhouetted as it operates in Baku, Azerbaijan, on Sunday, March 18, 2018. Two years after descending into junk, Azerbaijan's shortest path to winning back its investment grade is by rebuilding the stash of petrodollars it raided during a recession and a banking meltdown, according to Fitch Ratings. Photograph: Taylor Weidman/Bloomberg Photographer: Taylor Weidman/Bloomberg
A pumpjack is silhouetted as it operates in Baku, Azerbaijan, on Sunday, March 18, 2018. Two years after descending into junk, Azerbaijan's shortest path to winning back its investment grade is by rebuilding the stash of petrodollars it raided during a recession and a banking meltdown, according to Fitch Ratings. Photograph: Taylor Weidman/Bloomberg Photographer: Taylor Weidman/Bloomberg

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