Signs have started to emerge in recent weeks that oil demand is recovering and could rebound to stronger levels in the second half of this year. The oil market and forecasters have been expecting this latter-year recovery since the beginning of 2021. Currently, oil demand trends in different regions are mixed, with the picture in Europe clouded by renewed lockdowns and chaos with vaccination programs in many countries.
But travel and consumption patterns in the world’s top oil consumer, the United States, and in the world’s top oil…Signs Of Strong Oil Demand Recovery Are Emerging
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