Oil market will soon reach balance, CEOs say

The oil market is gradually returning to balance as the Organisation of Petroleum Exporting Countries (Opec) reins in output and the US shale boom slows, according to executives gathered at Davos.

Oil market will soon reach balance, CEOs say

The oil market is gradually returning to balance as the Organisation of Petroleum Exporting Countries (Opec) reins in output and the US shale boom slows, according to executives gathered at Davos.

Yet the risk of stalling growth in China continues to cloud the outlook.

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