IEA: Rebalancing would be 'here to stay' if producers maintain resolve

Global oil stocks fell by 500,000 b/d in July and preliminary data, particularly in the US where stocks fell by 790,000 b/d, is supportive of rebalancing supplies with demand, according to the most recent Oil Market Report from the International Energy Agency.

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive


More in Economics & Markets