Oil prices plunged to their lowest levels in more than a decade earlier this year, but have since rallied by more than 70 percent from their February lows. Now oil is at a crossroads: the market is balancing, but not quickly enough. Oil traders are gaining confidence, but with oil trading at $45 per barrel, is the risk more to the upside or downside? Will the rally continue or will prices fall back again? And what about the long-term? Will today’s investment cuts lead to future shortages? To get some answers to these questions, Oilprice.com decided to check in with Neil Atkinson, the Head of the Oil Markets Division at the International Energy Agency based in Paris, and also the Editor of the IEA’s closely watched Monthly Oil Market Report . He responded to some questions by email. Oilprice.com: The adjustment in the oil markets continues at a steady […]