<p class="MsoNormal"><span style="color:#000000">The latest report comes after the JTC </span>predicted Wednesday<a href="https://www.forbesmiddleeast.com/industry/energy/opec-forecasts-surplus-in-oil-market" target="_blank"> </a><span style="color:#000000">that there will be an oil surplus in 2022, with demand expected to lag supply by 400,000 bpd and market surplus hitting 900,000 bpd overall.</span></p>
