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Latest Analysis / Short-term Global Oil Service

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

Published: 27 July, 2021

Highlights:

  • Global oil output facing colossal 1.8 mmb/d surge in July – but market impact muted due to FSU “sandbagging” exports
  • WTI/Brent - WTI bulls have left the market – more downside risk ahead
  • Urals Med discounts to narrow in 3Q 2021 before widening again in 4Q 2021 as additional ...

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