The world's oil markets will rebalance earlier than expected if the OPEC nations implement their output cut deal when they meet next month.

That was the word from the International Energy Agency in Singapore on Tuesday.

The IEA says OPEC members will meet November 30th in Vienna to negotiate details of an output cut agreement that was reached last month.

The IEA says that if the deal could be put into place, then an earlier rebalance can be expected before the second half of 2017.