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Optimism Grows Over Oil Demand Recovery

April 8, 2021 (Thursday)

OPEC and partners are betting on a significant boost in oil demand over the coming months as member states get ready to ramp up oil production.  OPEC, Russia, and their allies are planning to increase oil production by 2.1 million bpd by as early as July this year, suggesting the confidence they have in a market rebound. 

Information from oilprice.com

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08 Apr 2021