October 26, 2020

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OPEC fears second virus wave could lead to oil surplus in 2021

The document presented scenarios that included a base case that still showed a deficit in 2021 of 1.9 million barrels per day (bpd) on average, albeit less than the deficit of 2.7 million bpd forecast in the previous month#39;s base case. ...

OPEC fears second virus wave could lead to oil surplus in 2021 The document presented scenarios that included a base case that still showed a deficit in 2021 of 1.9 million barrels per day (bpd) on average, albeit less than the deficit of 2.7 million bpd forecast in the previous month#39;s base case.

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