IEA welcomes return of oil surplus after OPEC production surge

Oil pipes marked 'Kerosene' and 'Crude' cross a waterway at the North Pier terminal in Saudi Aramco's Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia. Photographer: Simon Dawson/Bloomberg
Oil pipes marked 'Kerosene' and 'Crude' cross a waterway at the North Pier terminal in Saudi Aramco's Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia. Photographer: Simon Dawson/Bloomberg

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