Telegraph.co.uk | Crude Oil Market to Balance Some Time in 2016, Says Saudi Aramco Chairman Wall Street Journal Crude oil markets are likely to balance some time next year as supplies from North America, including U.S. shale, continue to decline significantly, the chairman of Saudi Arabia's giant oil company said Monday. “Supply has plateaued in North America ... Saudi Arabia unveils record deficit as it succumbs to oil price rout Saudi Arabia budget deficit swells on oil price fall Saudi Arabia Cuts Dependence on Oil Amid Slump in Crude Prices |