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Qatar Predicts Oil Market Balancing in 3rd Quarter of 2018

By OG Market Report   Posted in Finance Oil Prices Oil Stocks
Posted on January 23, 2018
Qatari Energy Minister Mohammed al-Sada predicts that the 3rd quarter of 2018 will bring balance after several years of supply glut.

Qatari Energy Minister Mohammed al-Sada told Reuters that oil markets should reach balance after several years of supply glut some time in the third quarter of 2018. According to the article in Reuters, “al-Sada said the majority of the surplus has been taken away by the market but he still sees excellent opportunities for OPEC …

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