HomeMarkets MarketsPerspectives Forget OPEC The Oil Market Is Rebalancing (Video) By Ilene October 26, 2016 0 69 FacebookTwitterPinterestWhatsApp psw-placeholder Courtesy of EconMatters We keep getting surprise Oil Inventory reports each week for the last 6 weeks, it seems we are in slight deficit right now, which is unusual for this time of year. We are headed to $60 a barrel regardless of OPEC nonsense. Share FacebookTwitterPinterestWhatsApp Subscribe Login Notify of new follow-up comments new replies to my comments Please login to comment 0 Comments Inline Feedbacks View all comments Stay Connected149,830FansLike396,312FollowersFollow2,510SubscribersSubscribe Latest Articles News New US national security strategy adds to Ukraine’s woes and exacerbates Europe’s dilemmas Market News Scams, Schemes, Ruthless Cons: The Untold Story of How Jeffrey Epstein Got Rich Energy Oil prices fall to 4-year low below $55 as supply glut shows up AI Larry Ellison’s big dumb gift to his large adult son BNN Money Talk Money Talk Tuesday – Announcing Our 2026 Trade of the Year! Hot Items Europe must reject Trump’s nonsense accusations of ‘civilizational erasure’ – but it urgently needs a strategy of its own Climate 2025’s extreme weather had the jet stream’s fingerprints all over it, from flash floods to hurricanes News Trump Blames Rob Reiner for His Own Murder AI Data centers need electricity fast, but utilities need years to build power plants – who should pay? Market News Tariffs 101: What they are, who pays them, and why they matter now Market News The Billionaires Have Gone Full Louis XV Virtual Portfolio Review Members Only Monday – Our Top 20 Trade Ideas for 2026 Hot Items The Streaming Wars and Affordability Market News Trump’s Pressure on Ukraine Load more