OPEC see global oil demand growth at 1.45mln bpd in 2017

OPEC secretary general Barkindo out with a statement 10 Oct
– 2018 demand growth staying around 1.4mln bpd
– stocks overhang to 5year average stood at 171mln barrels in Aug vs 338mln at start of year, dominated by crude
Upbeat comments from Barkindo leaves oil price unfazed but seemingly underpinned again for the moment after recent falls. WTI $49.88