OGJ ECONOMICS & MARKETS
Rystad Energy: Global oil glut set to halve in May

The global imbalance between oil supply and demand, which has built to 26.4 million b/d in April due to the COVID-19 pandemic, is set to halve to 13.6 million b/d in May, and fall further to 6.1 million b/d, according to a Rystad Energy analysis.

OGJ editors
May 1st, 2020

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