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Short-term Global Oil Service
World Oil Market Report - Global Oil Market Drivers
Published: 16 January, 2024
Highlights:
- Market Outlook: Bullish mid-year still expected, but headwinds will return as 1Q 2025 comes into view
- Demand: Continued demand strength in 2024 driven by lower prices and light ends
- Supply: OPEC+ likely to increase supply in 2H 2024 as call on OPEC+ rises
- Stocks: Contra-seasonal January draw expected ...
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