{"id":12158,"date":"2015-08-12T20:53:01","date_gmt":"2015-08-13T00:53:01","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=12158"},"modified":"2015-08-12T20:53:01","modified_gmt":"2015-08-13T00:53:01","slug":"iea-at-least-another-year-before-oil-markets-rebalance-oilprice-com","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2015\/08\/12\/iea-at-least-another-year-before-oil-markets-rebalance-oilprice-com\/","title":{"rendered":"IEA: At Least Another Year Before Oil Markets Rebalance | OilPrice.com"},"content":{"rendered":"<p>From Art Berman at Oilprice.com:<\/p>\n<blockquote><p>In its August Oil Market Report (OMR), the IEA revised 2nd quarter 2015 demand upward 370,000 bpd from its July estimate but also revised supply upward by 140,000 bpd. Total liquids supply is 96.53 million bpd and demand is 93.5 million bpd&#8230;&#8230;<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" width=\"525\" height=\"355\" title=\"IEA Quarterly Oil Production Surplus\" alt=\"IEA Quarterly Oil Production Surplus\" src=\"https:\/\/i0.wp.com\/oilprice.com\/images\/tinymce\/artberm2.jpg?resize=525%2C355&#038;ssl=1\" \/><\/p>\n<p>&#8230;.The world continues to have an over-supply problem that is slowly improving but it will take another year before the market comes into balance.<\/p>\n<\/blockquote>\n<p>Read more at <a href='http:\/\/oilprice.com\/Latest-Energy-News\/World-News\/IEA-At-Least-Another-Year-Before-Oil-Markets-Rebalance.html'>IEA: At Least Another Year Before Oil Markets Rebalance | OilPrice.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From Art Berman at Oilprice.com: In its August Oil Market Report (OMR), the IEA revised 2nd quarter 2015 demand upward 370,000 bpd from its July estimate but also revised supply upward by 140,000 bpd. Total liquids supply is 96.53 million bpd and demand is 93.5 million bpd&#8230;&#8230; &#8230;.The world continues to have an over-supply problem &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2015\/08\/12\/iea-at-least-another-year-before-oil-markets-rebalance-oilprice-com\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IEA: At Least Another Year Before Oil Markets Rebalance | OilPrice.com&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[44],"tags":[898,1784,1867,2781],"class_list":["post-12158","post","type-post","status-publish","format-standard","hentry","category-crude-oil-natural-gas","tag-crude-oil-2","tag-iea","tag-international-energy-agency","tag-production-surplus"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IEA: At Least Another Year Before Oil Markets Rebalance | OilPrice.com - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IEA: At Least Another Year Before Oil Markets Rebalance | OilPrice.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"From Art Berman at Oilprice.com: In its August Oil Market Report (OMR), the IEA revised 2nd quarter 2015 demand upward 370,000 bpd from its July estimate but also revised supply upward by 140,000 bpd. Total liquids supply is 96.53 million bpd and demand is 93.5 million bpd&#8230;&#8230; &#8230;.The world continues to have an over-supply problem &hellip; Continue reading &quot;IEA: At Least Another Year Before Oil Markets Rebalance | OilPrice.com&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2015\/08\/12\/iea-at-least-another-year-before-oil-markets-rebalance-oilprice-com\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2015-08-13T00:53:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/oilprice.com\/images\/tinymce\/artberm2.jpg\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2015\\\/08\\\/12\\\/iea-at-least-another-year-before-oil-markets-rebalance-oilprice-com\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2015\\\/08\\\/12\\\/iea-at-least-another-year-before-oil-markets-rebalance-oilprice-com\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"IEA: At Least Another Year Before Oil Markets Rebalance | OilPrice.com\",\"datePublished\":\"2015-08-13T00:53:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2015\\\/08\\\/12\\\/iea-at-least-another-year-before-oil-markets-rebalance-oilprice-com\\\/\"},\"wordCount\":92,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2015\\\/08\\\/12\\\/iea-at-least-another-year-before-oil-markets-rebalance-oilprice-com\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/oilprice.com\\\/images\\\/tinymce\\\/artberm2.jpg\",\"keywords\":[\"crude oil\",\"IEA\",\"International Energy Agency\",\"production surplus\"],\"articleSection\":[\"Crude Oil &amp; 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Some pundits are calling this the inflation peak. Before you venture back in the water, however, you need to consider what is on the horizon. Opening scene from \"Godzilla\" Conflict\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"CPI","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-05-11-cpi.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-05-11-cpi.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-05-11-cpi.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-05-11-cpi.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":10865,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/09\/11\/no-rebound-in-sight-for-sliding-oil-prices\/","url_meta":{"origin":12158,"position":2},"title":"No Rebound In Sight For Sliding Oil Prices","author":"ColinTwiggs","date":"September 11, 2014","format":false,"excerpt":"From Nick Cunningham at Oilprice.com Brent crude has now dipped below $100 per barrel, for the first time in over a year. WTI is trading around $92 per barrel, a 16-month low. ...The glut of supplies and weak demand is causing problems for OPEC, according to the cartel\u2019s monthly report.\u2026","rel":"","context":"In &quot;Crude Oil &amp; Natural Gas&quot;","block_context":{"text":"Crude Oil &amp; Natural Gas","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/crude-oil-natural-gas\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12992,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/14\/oil-lower-on-global-glut-iranian-output\/","url_meta":{"origin":12158,"position":3},"title":"Oil lower on global glut, Iranian output","author":"ColinTwiggs","date":"March 14, 2016","format":false,"excerpt":"From The Age: Stockpiles at the Cushing, Oklahoma grew almost 850,000 barrels to 69.6 million in the week to March 11, bringing storage at the delivery hub for US crude futures to near capacity, traders said, citing market intelligence firm Genscape. The Organisation of the Petroleum Exporting Countries, meanwhile, said\u2026","rel":"","context":"In &quot;Crude Oil &amp; Natural Gas&quot;","block_context":{"text":"Crude Oil &amp; Natural Gas","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/crude-oil-natural-gas\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25596,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/05\/05\/commodities-cyclical-and-secular\/","url_meta":{"origin":12158,"position":4},"title":"Commodities: Cyclical and secular","author":"Colin Twiggs","date":"May 5, 2021","format":false,"excerpt":"From the insightful Stephen Bartholomeusz: The spikes in iron ore and other metal prices probably reflect to some degree China\u2019s stimulus measures in response to the pandemic and then, more recently, a build-up in inventories of strategic metals. A weakening US dollar might also be playing a role in the\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10872,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/09\/12\/gold-crude-fall\/","url_meta":{"origin":12158,"position":5},"title":"Gold &#038; crude fall","author":"ColinTwiggs","date":"September 12, 2014","format":false,"excerpt":"Gold broke support at $1240\/ounce to signal a primary down-trend. Declining 13-week Twiggs Momentum, below zero, strengthens the signal. Follow-through below $1200 would confirm. The sell-off is being driven by a rising Dollar. Crude oil is also falling, with Brent Crude testing its 18-month low. Nymex breach of $92\/barrel would\u2026","rel":"","context":"In &quot;Crude Oil &amp; Natural Gas&quot;","block_context":{"text":"Crude Oil &amp; Natural Gas","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/crude-oil-natural-gas\/"},"img":{"alt_text":"Spot Gold","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-09-12-gold.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-09-12-gold.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-09-12-gold.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/12158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=12158"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/12158\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=12158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=12158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=12158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}