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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Products Imbalances & Pressure Points

Published: 12 April, 2020

Highlights:

  • The COVID-19 pandemic has thrown the world oil market severely out of balance. Products demand is falling dramatically (see Flash Alert - Synchronised lockdowns cut global oil demand by 24 mmb/d in April; 2021 rebound will not make up for 2020 loss - 8 April 2020) and refiners are reacting ...

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