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IEA: Rebalancing of global oil market to be gradual

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IEA: Rebalancing of global oil market to be gradual

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NewsPoster Joined: Mon Aug 30, 2010 9:56 am Posts: 20756	IEA: Rebalancing of global oil market to be gradual OGJ Production News Despite the signing of a new Vienna Agreement, the journey to a balanced global oil market will take time and is more likely to be a marathon than a sprint, according to the International Energy Agency’s first Oil Market Report in 2019. On the supply side, IEA said, “While Saudi Arabia is determined to protect its price aspirations by delivering substantial production cuts, there is less clarity with regard to its Russian partner.” Read more
Fri Jan 18, 2019 10:23 pm
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