Slugcatcher on finely-balanced oil which could tip either way

IT’S not often anyone can say that the oil market is perfectly balanced, which is how Slugcatcher sees it today, even though it is balanced for the wrong reasons and is highly likely to tilt significantly in the near future.

Slugcatcher on finely-balanced oil which could tip either way Slugcatcher on finely-balanced oil which could tip either way Slugcatcher on finely-balanced oil which could tip either way Slugcatcher on finely-balanced oil which could tip either way Slugcatcher on finely-balanced oil which could tip either way

OPEC+ and the US, who’s driving the oil price now? 

The problem, and you might have detected the uncertainty in the comment about balance is that no-one can be confident either that the price will rise strongly or fall sharply.

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