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	&quot;There have been consistent signs of declines in non Opec-production which should likely flip the global oil market into a net deficit in 2017,&quot; the Organization of the Petroleum Exporting Countries noted in its May report.</div>
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	- AFP</div>
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Opec says oil glut 'may ease' by 2017 as non-cartel supply drops

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<p style="margin-bottom:11px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="line-height:107%">Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia</span></span><span lang="TH" style="font-size:18.0pt"><span style="line-height:107%"><span style="font-family:&quot;Angsana New&quot;,serif">.</span></span></span></span></span></span></p>

Opec says oil glut 'may ease' by 2017 as non-cartel supply drops

VIENNA - Opec said Friday a global crude glut that has squeezed the market and sent prices plunging over the past year "may be easing" as a result of countries outside the oil producing cartel dropping their production.

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