's Novak: Global oil market is balanced now- Global oil market is balanced now.
- 's oil processing in 2025 will be higher than in 2024.
- OPEC+ oil output rise by 100K bpd in April will not affect oil market.
- n refineries are operating normally.
- n market is supplied with oil products.
- Global oil supply/demand balance will be maintained in April, we will keep an eye on it.
- sees 2025 oil output at 515m-520m tones.
- 's 2025 refinery runs may see growth.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
Source: 's Novak: Global oil market is balanced now (https://www.forexlive.com/news/s-novak-global-oil-market-is-balanced-now-20250318/)
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