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Global Oil Market back in balance

Posted: Fri Aug 12, 2016 9:07 am
by dan_s
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