Analysis: No balance - oil markets still oversupplied, now growth is stuttering

By Henning Gloystein SINGAPORE/LONDON (Reuters) - Oil industry hopes that markets are about return to balance, ending a global glut that pulled down prices by over 70 percent between 2014 and early 2016, might be abruptly dashed. Despite recent disruptions and output cuts, there is mounting evidence that plentiful supplies and brimming inventories will delay a much-quoted rebalancing of oil markets. With the United States and Europe stagnating, Asia has been the main pillar of oil demand growth.