Oil analyst at Nordea, Thina Saltvedt, has not uplifting messages to come by for the oil market a day, writes Dagens Næringsliv.
– There is plenty of oil in the market, but balances have not changed, she says told the newspaper.
The analyst believes Monday’s oil drop was not due to any major change in supply and demand conditions, but more concern about weak news from China.
– It starts to smell 2017 before it is talk about the upswing now. It is definitely pushed into the future, says Saltvedt.
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