LONDON, Nov 15 (Reuters) - The Organization of the Petroleum
Exporting Countries and its allies face stiffening competition
in 2020, the International Energy Agency said on Friday, adding
urgency to the oil producer group's policy meeting next month.
"The OPEC+ countries face a major challenge in 2020 as
demand for their crude is expected to fall sharply ... surging
non-OPEC supply explains this drop, with growth of 2.3 million
barrels per day (bpd) next year versus 1.8 million bpd in 2019,"
the Paris-based agency said in a monthly report.