Iraqi oil minister says expects oil market to be in balance in first quarter

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Iraqi oil minister says expects oil market to be in balance in first quarter

25 December 2017, Baghdad — Iraqi Oil Minister Jabar al-Luaibi said on Monday he was optimistic there would be a balance between supply and demand by the first quarter of 2018, leading to a boost in oil prices. Global oil inventories have decreased to an acceptable level and there were positive signs that oil market …

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