Nigerian output has declined by around 800,000 barrels a day as a result of renewed militancy in the oil-rich Niger delta. Photo: AP
Nigerian output has declined by around 800,000 barrels a day as a result of renewed militancy in the oil-rich Niger delta. Photo: AP
Vandana Hari
Opinion

Opinion

Portfolio by Vandana Hari

Recent oil supply outages push equilibrium further down the road

Interrupted supply is returning gradually to the market, but this time around the oil market’s rebalancing is in uncharted territory due to unpredictable factors