728x90 AdSpace

Latest News
September 5, 2016

Don`t Conflate Seasonality in Oil Market With Rebalancing

By EconMatters


Price doesn`t equate a market being in balance, and seasonality has a drawing and a building season in the oil market. A market being in balance means supplies are stagnant not going up or down. Total supplies are still going up during the drawing season. Therefore, oil market still in surplus mode, and not rebalancing.








© EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle

  • Blogger Comments
  • Facebook Comments
Item Reviewed: Don`t Conflate Seasonality in Oil Market With Rebalancing Rating: 5 Reviewed By: EconMatters