OPEC+ committee expects market to return to surplus in 2022

Capt. John

The OPEC+ joint technical committee (JTC) expects the oil market to remain in a 0.9 million barrel per day (bpd) deficit this year, but hit a surplus of 2.5 million bpd in 2022 as the group raises production, a document seen by Reuters showed. The JTC expects global oil demand to grow by 5.95...

https://www.hellenicshippingnews.com/opec-committee-expects-market-to-return-to-surplus-in-2022/

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