The global oil market is rebalancing after damage to demand wrought by the COVID-19 pandemic was met with curbs on output by producers from the Organization of the Petroleum Exporting Countries (OPEC), the group’s president said on Tuesday. “Crude prices are relatively stable … we see a certain balance between demand and supply,” OPEC president …
The post OPEC president says oil market rebalancing, pandemic still a risk first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John