‘Limited Spare Capacity Could Lead To An Oil Price Spike’ @investorseurope #oil

Although oil prices have been kept in check as a result of massive inventories, many analysts believe that lack of spare capacity could lead to a sudden shock in oil prices

Source: investorseurope.ooo

 » The IEA still predicts that oil consumption will expand by another 1.4 million barrels per day in 2016, while production stagnates. That dynamic suggests that the market is converging towards some sort of balance, although the speed with which that takes place is hotly debated. »

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