Market News Briefing – 15:00 (GMT+1)

The oil cartel OPEC left its forecast for the second half year of 2016 unchanged.

According to the cartel, the global demand is expected to reach 95 million barrels of oil, an increase of 1.3 million barrels a day.
The expected output of the non-member of the cartel is to lose 750 thousand barrels day to 56 million barrels.

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