Post Tagged with: "market rebalancing"

Source: Reuters

Column: Shrinking U.S. oil stocks point to market rebalancing – Kemp

Reuters


LONDON  – Excess petroleum inventories are being absorbed as lower prices compel U.S. shale producers and the members of OPEC+ to limit their output, confirming the market is on course to rebalance in 2021.

In the United States, total …

October 8, 2020 - 2:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Finance