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IEA Sees Oil Market Rebalancing Faster If OPEC Respects Deal - Bloomberg
Bloomberg | IEA Sees Oil Market Rebalancing Faster If OPEC Respects Deal Bloomberg OPEC members agreed last month to limit their overall production to a range of 32.5 million to 33 million barrels a day, ending their push to expand market share at the expense of higher-cost supplies like shale oil. While details remain unresolved ... OPEC must enact cuts for sustained oil price rise: IEA Oil prices pull back after industry watchdog reports a jump in record output IEA says oil market may rebalance faster if OPEC sticks to target |
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