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Oil demand

Oil Defies 2022 Surplus Forecast, Continues Bullish Run on Fading Virus Fears

Although still early in the year, oil prices has started off 2022 on a positive note, defying experts’ prediction of a ballooning surplus, instead...

Oil demand to hit pre-COVID level in 2021 says EIA

    U.S. demand for petroleum and liquid fuels is expected to remain below the 2019 average from before the COVID-crisis until August 2021, despite the...

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