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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Global Oil Market Drivers

Published: 11 November, 2020

Highlights:

  • Market Outlook: Supply/Demand deficit narrows by 2 mmb/d in November – OECD stocks could build
  • Demand: COVID-19 vaccine in sight at end of the tunnel – but don’t get too excited yet
  • Supply: OPEC+ to delay Phase 3 easing
  • Inventories: OECD company stocks now seen building in November, ...

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