Oil market rebalancing could take until end 2017 – Shell

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Oil market rebalancing could take until end 2017 – Shell
30 August 2016, Stavanger, Norway — The huge global oil oversupply that has weighed on prices for the past two years may not clear until the second half of 2017, Shell’s chief energy adviser Wim Thomas told Reuters. The potential return to the market of some 1.5 million barrels per day of supply from Libya […] More »
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