24 Oct Brent spreads signpost long road to rebalancing: Kemp

By hellenicshippingnews OPEC’s agreement on an new production target has been followed by a bout of renewed optimism about the rebalancing of the oil market. But there are so far few signs of imminent rebalancing in the structure of Brent futures prices for 2017. “Fundamentals are improving and the market is rebalancing,” Saudi Arabia’s energy minister told … Read full story ›

Source:: Hellenic shipping news Oil