Post Tagged with: "rebalance"

IEA’s Birol Backtracks 2017 Rebalance Prediction

IEA’s Birol Backtracks 2017 Rebalance Prediction

Birol believes rebalance is now coming in 2H of 2018

Back in July—on the U.S.’s Independence Day—Fatih Birol, the chief of the International Energy Agency (IEA) said he believed the oil market would rebalance in the second half of 2017, …

November 28, 2017 - 5:23 pm Closing Bell Story‎, Commodity Pricing, Crude Oil News