ICYMI – IEA boss Birol said China oil demand set to strengthen, sees H2 oil mkt tightness

<p>The head of the International Energy Agency (IEA) Fatih Birol spoke with Reuters on Monday.</p><ul><li>“Even in sluggish economic growth, China and other developing countries’ demand is strong”</li><li>
“Taken together with the production cuts coming from key producing countries, we still believe we may see tightness in the market in the second half of this year.”</li></ul><p>Oil price update, has been firming up a little (famous last words?)</p>

This article was written by Eamonn Sheridan at www.forexlive.com.