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Vol. 22, No. 17 Week of April 23, 2017
Providing coverage of Alaska and northern Canada's oil and gas industry


IEA thinks oil market may be in balance

Report: Although oil demand growth has slowed a little, OPEC production cuts have proved effective as demand moves ahead of supply

Alan Bailey

Petroleum News

The International Energy Authority in its April Oil Market Report has suggested that supply and demand have come into balance in the global oil market. Moreover, the organizationís short-term forecast actually shows demand moving ahead of supply in the second quarter of this year.....

    [additional news subjects in this story]

Demand and supply

Continuation of OPEC cuts?

Indications of balance


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