This Week’s Sign We Are Sleepwalking Into a Supply Crunch (#2)

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This Week’s Sign We Are Sleepwalking Into a Supply Crunch (#2)

Posted by | September 02, 2016

Here is IEA’s latest oil market view:

IEA balance

A rather bullish take on things, no? Plus, the above also assumes OPEC will hold crude production at current high levels – a highly questionable assumption.