BLOOMBERG Bloomberg Surveillance July 13, 2017
Getting some news from the International Energy agency. This is the balancing of Global Oil Markets has become less certain with opec production rising and little evidence that bloated stockpiles are shrinking as expected, while world of demand is climbing faster than initially estimated. Opecs implementation of the supply cutbacks of the implementation 30 come opecs implementation of the supply cutbacks needed to clear the inventory surplus has faulted to the lowest levels since january. That is according to the iea. That is a change from two months ago, when it said the rebalancing is here a...