Kuwait OilMin: OPEC expects oil demand in 2018 to increase by 1.51 mln bpd

Kuwait's oil minister Essam al-Marzouq recently crossed the wires, saying that OPEC was expecting global oil demand to increase by 1.51 million barrels per day in 2018.

Key quotes (via Reuters)

OECD oil stocks overhang relative to 5-yr average down by 200 mln bbls compared to start of year.

OPEC, non-OPEC compliance with oil cuts in November at 122%, highest since deal implementation began in January.