# Oil market to be relatively balanced amid heightened complexity in 2019 | Oil & Gas Journal

> An Oil & Gas Journal analysis says the OPEC and non-OPEC cuts of 1.2 million b/d for six months from January 1 may restore some balance in 2019. It notes US shale growth continues, constrained by infrastructure until late 2019. Trade tensions, interest rate normalization, slowing global growth and expiring Iranian waivers add uncertainty.

- Date: 2019-01-08 · published 2019-01-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61002-oil-market-to-be-relatively-balanced-amid-heightened-complexity-in-2019-oil-and
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The outlook points to a relatively balanced but volatile crude market, with shale growth capping upside. Price uncertainty affects energy costs for feed producers and logistics.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- ogj.com: https://www.ogj.com/refining-processing/refining/capacities/article/17222863/oil-market-to-be-relatively-balanced-amid-heightened-complexity-in-2019

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.