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Oil major CEO names his top risk for oil markets — and it’s not what you think

January 24, 2019

Global oil markets are facing an uncertain year with slowing global growth driving less global demand for oil while the supply picture looks unclear with production cuts by OPEC and Russia potentially counteracted by the growth in U.S. shale oil output.

But it’s not supply, demand, sanctions on Iran’s oil industry or political upheaval in oil producer Venezuela that the chief executive of Total is worried about.

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