Strong oil demand growth in emerging economies led by China and India and even from Europe is drawing down oil stockpiles faster than expected, putting the global market firmly on track to re-balance, senior oil executives said on Tuesday. Global oil benchmark Brent rose to the highest since July 2015 on Tuesday after Turkey threatened to cut crude exports from Iraq’s Kurdistan region. Prices rallied in the third quarter as producers from the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers cut output and as hurricanes squeezed fuel output in the United States. “We see the market over the next six months going well above $60 for a simple reason … surprisingly good demand,” said Adi Imsirovic, head of oil trading at Gazprom […]