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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Global Oil Market Drivers

Published: 13 September, 2021

Highlights:

  • Market Outlook: Tight stocks and supply outages push prices higher, but for how long?
  • Demand: Combination of COVID-19 and Economic Headwinds to Slow Demand Growth
  • Supply: Global oil output set to rise 2 mmb/d in 4Q, as outages and OPEC+ cuts ease
  • Inventories: Recent trend of tightening stocks set to ...

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