Oil market goes from oversupply to shortfall in 2021 due to vaccine rollout, raising the price of WTI – Natural Gas Intelligence
Oil market goes from oversupply to shortfall in 2021 due to vaccine rollout, raising the price of WTI – Natural Gas Intelligence
The new year could see the global oil market go from its current state of overproduction to some of the highest monthly supply shortfalls in years, as the rollout of Covid-19 vaccines propels a recovery in demand, according to the experts. Analysts at Raymond James & Associates Inc. said Monday they expected “heavy” crude oil […]
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