Asian oil demand growth in focus as OPEC+ move carves out supply roadmap
March 11, 2024 Comments Off
Asian crude buyers are unlikely to face a supply squeeze following extended production cuts by OPEC+ and Russia’s move to slash output by an extra round, as plentiful non-OPEC supplies are set to fill the potential void, trade sources and analysts told S&P Global Commodity Insights. While the recent developments have largely laid out a clear near-term supply roadmap for…
Asian oil demand growth in focus as OPEC+ move carves out supply roadmap
Asian crude buyers are unlikely to face a supply squeeze following extended production cuts by OPEC+ and Russia’s move to slash output by an extra round, as plentiful non-OPEC supplies are set to fill the potential void, trade sources and analysts told S&P Global Commodity Insights. While the recent developments have largely laid out a clear near-term supply roadmap for…
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