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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Global Oil Market Drivers

Published: 12 January, 2021

Highlights:

  • Market Outlook: Brent 2021 forecast raised $4/bbl due to lower stocks, weak USD and OPEC cuts
  • Demand: Vaccines - How many, where, when and what does it mean for oil demand?
  • Supply: OPEC+ production outlook highly uncertain following Saudi Arabia’s surprise 1 mmb/d cut
  • Inventories: OECD company ...

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