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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Global Oil Market Drivers

Published: 12 July, 2021

Highlights:

  • Market Outlook: Stocks tighter after June supply outages, but OPEC+ leaves market in limbo
  • Demand: Demand rebound continues, driven by record-high economic activity, vaccination campaigns and mobility recovery
  • Supply – Global oil output facing colossal 1.8 mmb/d surge in July – but market ...

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