Analysts say oil market balance hasn't appeared yet

Analysts say oil market balance hasn't appeared yet New York (UPI) Sep 1, 2016 - A lauded possibility of a narrowing gap between supply and demand in the market for crude oil has yet to materialize on the global stage, analysts said. For nearly two years, crude oil markets have been pressured by global economic growth that was too slow to take up the heavy supply of energy products. In May, the International Energy Agency said market conditions seemed to suggest tha ... more

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