Rystad sees chance of crude oil glut in Autumn

Rystad sees chance of crude oil glut in Autumn

Malcolm Latarche

Malcolm Latarche · 30 July 2020

ShipInsight


The upcoming partial return of curtailed OPEC+ oil production from August is set to create a new four-month supply glut of around 170 million barrels, a Rystad Energy analysis reveals. The analysis is based on the assumption that oil demand will not rebou…

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