OPEC’s Barkindo: Fundamentals are very strong this year
|Over the last hour, Reuters reported comments from the OPEC's secretary general Mohammed Barkindo on the oil market fundamentals:
Key Points:
2018 oil demand growth seen at healthy levels.
The oil market is on the road to rebalancing.
Fundamentals are very strong this year.
January data suggest high compliance among producers on production cuts.
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