Russia sees oil market balance in winter if cuts deal extended

Russia sees oil market balance in winter if cuts deal extended
13 May 2017, London — Global oil markets will reach a supply-demand balance in late 2017 or early 2018 if a pact to cut output is extended, Russia’s energy minister was quoted by local news agencies as saying. “Judging from the current dynamics in the decline of the oil and oil products inventories, the markets […] More »
Russia sees oil market balance in winter if cuts deal extended Russia sees oil market balance in winter if cuts deal extended Reviewed by Crude Oil Facilitators on 17:16 Rating: 5

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