The problem is production growth is outpacing demand growth by a long shot. Demand this year is actually at record highs due to the power sector. Tim Evans More Quotes by Tim Evans More Quotes From Tim Evans It doesn't look as though we'll put much of a dent in global (oil) inventories until the second half of 2017, the market is making considerable progress relative to the surplus of the past two years, but it's going to take more time to bring inventories back down to more normal levels. Tim Evans business
