Oil market treads rebalancing tightrope as demand recovery falters

Capt. John

Global oil market balances are largely supportive of firmer oil prices over the coming 18 months, with demand exceeding supply despite growing concerns over the potential for a second wave of COVID-19 infections to derail the economic recovery. The International Energy Agency and OPEC both trimmed...

https://www.hellenicshippingnews.com/oil-market-treads-rebalancing-tightrope-as-demand-recovery-falters/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon