OPEC sees balanced oil market only by year-end as rivals pump more

OPEC sees balanced oil market only by year-end as rivals pump more

12 February 2018, London — OPEC said on Monday the world oil market would return to balance only towards the end of 2018 as extra barrels from the United States and other non-member producers offset an OPEC-led deal intended to clear a supply glut. In a monthly report, the Organization of the Petroleum Exporting Countries …

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OPEC sees balanced oil market only by year-end as rivals pump more OPEC sees balanced oil market only by year-end as rivals pump more Reviewed by Crude Oil Facilitators on 12:34 Rating: 5

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