The global oil glut due to the coronavirus pandemic will likely last well into 2021, Dallas Federal Reserve Bank President Robert Kaplan said, and longer, if the economic recovery is weaker than expected. “We think it will take probably until sometime in the second half of 2021, depending on...
https://www.hellenicshippingnews.com/feds-kaplan-sees-global-oil-glut-lasting-well-into-2021/