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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Global Oil Market Drivers

Published: 11 June, 2024


  • Market Outlook: Bullish sentiment all but gone as markets re-assess fundamentals
  • Demand: 2H 2024 global oil demand growth to be better than many expect
  • Supply: OPEC+ planned unwind expected in 4Q, but caution taken in 1H 2025
  • Stocks: OECD stocks rise further, more upwards revisions to historical stocks ...

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