CNBC | Oil market re-balancing is here and will continue, IEA says CNBC The oil market has essentially reached a balance and will continue to accelerate in the near term, the International Energy Agency (IEA) said in its monthly report published Tuesday, just nine days before OPEC's much anticipated ministerial meeting. 'Much work remains' to drain excess oil inventories – IEA Oil rises on expectations of extended supply curbs The Oil Market Is Listening ... For Now |