Latest OPEC monthly report
- 2016 demand 1.25mbpd
- Raises 2015 by 40k
- Raises 2016 OPEC demand by 510kbpd to 30.82m
- Sees 130k drop in non-OPEC supply in 2016 as lower prices reduce supplies in US and elsewhere
- Sees more balanced fundamentals in 2016
- Secondary sources say OPEC's Sep output rose 110k to 31.57m
Brent has just turned down by a few ticks to 52.65. Earlier Kuwait said that growth in 2016 will help oil prices
