Latest Analysis /
Oil Alerts
Crude Alert - Crude balances normalise in 3Q, but trade remains disrupted
Published: 19 June, 2020
Highlights:
- Global Trade: Balances normalise in 3Q, but trade remains disrupted
- Europe and surrounding regions will have 2 mmb/d of length to deal with until later this year
- 4Q 2020 sees Atlantic Basin balances tighten up – Middle East crudes lose some relative strength
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