Rystad sees oil glut halving this month

Malcolm Latarche

Malcolm Latarche · 04 May 2020

ShipInsight


According to a Rystad Energy analysis, the global imbalance between oil supply and demand, which has built to 26.4 million barrels per day (bpd) in April due to the COVID-19 pandemic, is set to halve to 13.6 million bpd in May and fall further to just 6.1…

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