Between ups and downs, the month of August has seen a re-balancing of oil markets, with the main qualities on a downward trend and OECD stocks dropping
OPEC’s new oil output cap is opening up a new scenario: by mid-2017, we could witness an oil market rebalancing
The increase in oil prices in April, the highest increase in a year, is the result of the reduction in availability on an annual basis, which in 2016 will be less than 700,000 barrels per day. All this despite the failure of negotiations in Doha