Where is MRM going?, page-187

Bloomberg Today OPEC Chief Sees Oil Market Balanced By 2016 on Global Demand Growth. Opec Secretary General Abdalla El - Badriand and Pulitzer prize winning auther and oil consultant Daniel Yergin said at an industry event in Abu Dhabi " the expectation is that the market will return to more balance in 2016 " " We see global oil demand maintaining its recent healthy growth, We see less non OPEC supply." Oil prices are unsustainable at current prices and will rise gradually as companys defer projects and production. This is what we are waiting for at MRM.