Strong oil demand growth in emerging economies led by China and India, but also from Europe, is drawing down oil stockpiles faster than expected, putting the global market firmly on track to rebalance, senior industry executives said on Tuesday. A surge in demand for diesel and fuel stock draws after Hurricane Harvey have also helped propel benchmark crude prices to nearly $60 a barrel, levels not seen in over two years, analysts said. Prices rallied in the third quarter as the Organization of the Petroleum Exporting Countries and non-OPEC producers cut output, and as Harvey knocked out nearly a quarter of U.S. refining capacity. “We see the market over the next six months going well above $60 for a simple reason … surprisingly good demand,” […]