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Latest Analysis / Short-term Global Oil Service

Weekly Oil Market & Refining Update - Rise in crude prices comes to a halt as oil demand recovery slows down

Published: 25 January, 2021

Highlights:

  • CRUDE: Rise in crude prices comes to a halt as oil demand recovery slows down
  • LIBIYA: Waha Oil Company reopens 200 kb/d pipeline ahead of schedule
  • STRUCTURE: Backwardation widens as global oil balance is expected to tighten
  • URALS and the MED: Urals prices rose relative to Platts Dated Brent last ...

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