https://www.worldenergynews.com/news/iea-2016-oil-market-balance-followed-2017-646613
IEA: 2016 Oil Market Balance, Followed by 2017 Surplus
Oil demand growth to reach 1.3 mln bpd in 2017, same as 2016. The oil market is now in balance thanks to unplanned outages and robust demand…