TeleTrade - Analytics

    TeleTrade

    873.00 6.50/10
    68% of positive reviews
    Real

    10.11.2015 11:58 OPEC Secretary-General Abdullah al-Badri: the oil market will be balanced in 2016

    OPEC Secretary-General Abdullah al-Badri said on Tuesday that the oil market will be balanced in 2016.

     

    "The expectation is that the market will return to more balance in 2016. We see global oil demand maintaining its recent healthy growth. We see less non-OPEC supply. And we see an increase in the demand for OPEC crude," he said.

     

    Next OPEC meeting is scheduled to be on December 04.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree