The International Energy Agency sees supply and demand coming into balance during the third quarter of the year, according to its August Oil Market Report.
From July through September, demand will outpace the supply of crude oil by almost 1 MMBOPD, even as OPEC producers continue to increase output.
http://www.oilandgas360.com/iea-essenti ... S_Campaign
Global Oil Market back in balance
Global Oil Market back in balance
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group