{"id":1983,"date":"2017-11-28T21:17:17","date_gmt":"2017-11-28T22:17:17","guid":{"rendered":"https:\/\/madaresharghi.com\/iea-sees-oil-markets-tightening\/"},"modified":"2017-11-28T21:17:17","modified_gmt":"2017-11-28T22:17:17","slug":"iea-sees-oil-markets-tightening","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/iea-sees-oil-markets-tightening\/","title":{"rendered":"IEA Sees Oil Markets Tightening"},"content":{"rendered":"<p><a href=\"http:\/\/madaresharghi..com\">madaresharghi<\/a><br \/>\n<\/p>\n<p> \tThe global oil market could tighten toward the second half of 2018 if demand remains robust and key producers continue their current policies, International Energy Agency chief, Fatih Birol, said on Tuesday. \u201cIf we have strong demand growth and if producers continue to stick to their policies, we may well see tightening of the markets &#8230; I expect this sometime next year, towards the second half of the next year&#8230;,\u201d he told Reuters on the sidelines of an energy conference in Norway. Birol was speaking ahead of OPEC\u2019s meeting on Thursday amid concern that its efforts to rebalance the oil market might overshoot by creating a global deficit and spurring a further price rally. \u201cIt\u2019s up to OPEC countries to decide what are they going to do, but what we see is that the market is already on its way towards rebalancing &#8230; Therefore the price (of oil) that we have today, above $60, is a good number for most oil investments to be profitable,\u201d Birol said.<\/p>\n<p> \t\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>madaresharghi The global oil market could tighten toward the second half of 2018 if demand remains robust and key producers continue their current policies, International Energy Agency chief, Fatih Birol, said on Tuesday. \u201cIf we have strong demand growth and if producers continue to stick to their policies, we may well see tightening of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,8],"tags":[296,118,28,31,159,639,178,56,213,84,95,82,68,22,23,27],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - 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