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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Crude Supply, Trade & Price Differentials

Published: 30 April, 2024

Highlights:

  • Market Outlook: Market overbought in early April but prices can move even higher in 3Q
  • Supply Update: OPEC+ takes aim at non-compliance as balances remain tight in 2Q
  • WTI/Brent Outlook: Diff poised for a brief contraction before moving wider in 2H
  • Brent/Dubai Outlook: Swaps diffs to remain narrow in ...

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