Oil Market Faces 2 Million Barrel-per-Day Surplus, BofA's Blanch Says | Bloomberg
> "*The market is oversupplied. Inventories are rising... and we expect roughly a **2 million barrel a day surplus** this year.*" — **Francisco Blanch** (On fundamental weakness) [00:00:42](https://www.youtube.com/watch?v=Cu4mQ_OPv-A&t=42s) > "*The recovery of **market share** that **OPEC** started a couple years ago hasn't quite been fully finished.*" — **Francisco Blanch** (On strategic goals)…
