Sentences with phrase «rebalance oil markets»

They should stop drilling to rebalance oil markets.

«It has taken 18 months to start to rebalance the oil market with falling non-OPEC production in a variety of countries and demand showing signs of recovery which means we are getting there, we're getting to a new equilibrium.»

OPEC is struggling to rebalance the oil market and is considering extending the agreement for another three months, but its efforts would receive a boost if Nigeria was brought into the fold.

An effort to rebalance the oil market is important because it should help support energy companies, risk appetite and reflation trades.

Not exact matches

Oil erased early losses after leading OPEC producer Saudi Arabia pledged to cut its exports to help speed up the the market rebalancing.

On the energy front, major oil producers sounded more confident about rebalancing in the markets at a Friday meeting of OPEC and non-OPEC producers.

We also favour energy stocks at a time when commodity prices are firming on supply / demand rebalancing, and the geopolitical risk premium is once again coursing through oil markets.

Despite OPEC's failure to agree on a production cap, global oil markets are rebalancing faster than expected.

No, we are talking about the global oil market rebalancing.

Despite the collapse of talks, oil market watchers said the lack of a «Doha deal» would be better in the long term and would mean that a rebalancing process of supply and demand can continue to its natural conclusion.

Despite the moderate global growth levels, OPEC remained confident on oil demand growth and stuck to its prediction that oil markets are continuing to rebalance.

With global oil markets now largely rebalanced these risks have become more acute.

World oil supply fell by 720,000 barrels per day (bpd) in August compared to July, a significant decline that will aid in the market's progress towards rebalancing.

Healthy demand growth for fuel not only in emerging economies led by China and India, but also in Europe, is helping global inventories to draw down faster now, keeping the oil market on the right track towards rebalancing, according to industry executives who spoke at a conference on Tuesday.

The investment bank argues that the backwardation exhibited in the Brent futures market — a situation in which near term oil contracts trade at a premium to futures dated further out — is a clear sign that the market is on its way to rebalancing.

The investment bank said in a new report «the physical rebalancing of the oil market has finally re-started.»

The optimistic longer - term projections that have been issued by the three main reporting agencies as well as from most Wall Street analysts are looking more and more like they may be off the mark as the current fundamentals are in no way suggesting the global oil market is already in a rebalancing pattern.

«Oil demand has also failed to improve at the speed required to rebalance the global oil market,» the bank wroOil demand has also failed to improve at the speed required to rebalance the global oil market,» the bank wrooil market,» the bank wrote.

The key drivers of the Savings Glut, however, have weakened or reversed: China's growth is rebalancing toward domestic consumption, and its stock of foreign exchange (FX) reserves has declined; other Asian emerging markets have already accumulated sufficient FX reserves and no longer need to accumulate assets; and the plunge in oil prices is forcing a number of oil exporters to reduce savings to delay or smooth the adjustment in expenditures.

Monday's comments by Putin injected renewed optimism in the market that OPEC and non-OPEC countries might be able to find common positions in efforts to reduce the oil glut and rebalance the market.

We also favour energy stocks at a time when commodity prices are firming on supply / demand rebalancing, and the geopolitical risk premium is once again coursing through oil markets.

Global oil supply growth plunging, with US taking biggest hit for now IEA medium - term report sees oil market rebalancing in 2017, but investment cuts pose supply security risks down the road 22 February 2016

OMR: Decision time With growth in global oil stocks stalling, it appears the market has essentially rebalanced 16 May 2017