Reuters | OPEC sees more balanced oil market in 2016 Reuters In its monthly report, the Organization of the Petroleum Exporting Countries said it expected world oil demand to increase by 1.34 million barrels per day (bpd) in 2016, up from growth of 1.28 million bpd this year. This would outpace the growth of oil ... OPEC Sees Lower Demand for Its Oil Despite Higher Global Consumption MarketsSaudi oil output hits record, nears ex-Soviet level Iran trade with GCC set to grow but oil spat looms |