OPEC says when to expect oil market rebalancing

OPEC says when to expect oil market rebalancing

The latest discussions of the joint technical committee of Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers in Vienna concluded that the oil market will see a rebalancing between Q2 and Q3 this year.

This comes as global inventories shrank further in February, Bloomberg quoted people familiar with the matter, as saying.

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