Oil markets showing signs of tightening

Oil markets showing signs of tightening
Growing global demand and supply cuts point to a potential reversal in oil markets Global oil demand is projected to reach 102 million barrels per day (bpd) in 2023, signalling a substantial growth of 2.2 million bpd this year, according to the latest Oil Market Report from the International Energy Agency (IEA). The IEA attributes this demand surge primarily to... Read More