Saudi Cut To Boost Oil Market De-Stocking, Even As Demand Falters

Saudi Arabia’s voluntary oil production cut is expected to bring the oil market into deficit for most of 2021 even as new lockdowns to contain the spread of the coronavirus batter oil demand, analysts say. Saudi Arabia, the world’s biggest oil exporter, surprised the market on Jan. 5 with a...

https://www.hellenicshippingnews.com/saudi-cut-to-boost-oil-market-de-stocking-even-as-demand-falters/

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