COLUMN-Uncertainty about China hangs over oil rebalancing: Kemp

COLUMN-Uncertainty about China hangs over oil rebalancing: Kemp

October 2, 2015
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(John Kemp is a Reuters market analyst. The views expressed are his own) By John Kemp LONDON, Oct 2 (Reuters) – Substantially lower oil prices are on the way to rebalancing the oil market, as demand accelerates and both shale and other non-OPEC oil production turns down. But how quickly the rebalancing is completed depends critically on whether rapid demand growth reported in the first half of 2015 can be sustained in the second half of the year and into 2016. A fragile global

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Source:: Reuters UK Natural Resources