| Oil prices are set to head higher as global crude oil inventories appear poised to balance for the first time in eight quarters during the final months of 2015, Bank of America Merrill Lynch's Francisco Blanch said Thursday.
The market was oversupplied with 2 million barrels per day of oil throughout the first half of 2015, Blanch said in a recent note. But after a build of 540 million barrels during the last two years, the market is set to turn, he added...............................................Full Article: Source
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