Oil Executives See Volatility as Market Starts to Rebalance

Updated on
  • Rebalancing to extend into 2017, ConocoPhillips CEO Says
  • IHS’s Yergin sees oil supply and demand balancing this year

Crude markets will continue to be plagued by volatility in the short and medium term after suffering the biggest downturn in a generation over the past two years, according to oil-company executives gathering for one of the industry’s biggest conferences in Norway.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.