A Supply-Demand Measure for the Global Oil Market Is Weakening
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Article by:
Alex Longley & Bill Lehane, Bloomberg
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Date Published:
May 11, 2021
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Who was cited:
James Davis, Director of Short-Term Global Oil - FGE
A closely watched gauge of tightness in the crude market is weakening on concern about Indian consumption due to the coronavirus, as well as expectations for more cargoes in Europe.
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