Global oil demand will rise in 2021, but not enough to surpass 2019 levels as the coronavirus pandemic continues to weigh on transportation fuel demand, especially jet fuel, says an article published in S&P Global Platts.
Increased reliance on OPEC oil supplyPlatts Analytics expects global supply to increase by more than 3 million b/d in 2021, after declining about 7 million b/d in 2020, with the gains mostly coming from the Middle East and Russia.
Saudi Arabian output is expected to rise by...
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