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IEA: Global Oil Demand To Reach Pre-Virus Level Next Year
#OOTT | IEA: Global Oil Demand To Reach Pre-Virus Level Next Year
— LiveSquawk (@LiveSquawk) June 11, 2021
OECD Industry Stocks In April Fell 61.3 Mln Barrels Below Their 2016-2020 Average To 2.926 Bln Barrels
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#OOTT | IEA: Recovery Will Be Uneven Not Only Amongst Regions But Across Sectors And Products
— LiveSquawk (@LiveSquawk) June 11, 2021
Production Rises At Current Pace Set To Be Nowhere Near Levels Needed To Prevent Further Stock Draws
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#OOTT | IEA: Total Oil Supply From OPEC+ Set To Increase By 800,000 Bpd In 2021 If It Sticks With Existing Policy
— LiveSquawk (@LiveSquawk) June 11, 2021
Oil Demand Rise Underlines Enormous Effort Needed To Get On Track For Climate Goals
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#OOTT | IEA: OPEC+ Needs To Open The Taps To Keep World Oil Markets Adequately Supplied
— LiveSquawk (@LiveSquawk) June 11, 2021
There Is Room In 2022 For OPEC+ To Boost Production By 1.4 Mln Bpd Above Its July 2021-March 2022 Target
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#OOTT | IEA: Oil Demand Is Set To Rise 5.4 Mln Bpd In 2021 And A Further 3.1 Mln Bpd In 2022
— LiveSquawk (@LiveSquawk) June 11, 2021
Oil Demand Should Surpass Pre-Covid Levels By End Of 2022
Non-OPEC+ Oil Output Is Set To Rise 710,000 Bpd In 2021