Global oil supply to grow in 2021 and 2022
BUSINESS REPORTERMUSCAT, MAY 8Platts Analytics forecasts global oil supply growth of 3.2 million b/d in 2021 and 5.5 million b/d in 2022. “We see a bit stronger growth than a month ago on higher US and Iran outlook,” says Ash Singh, Manager Supply and Production Analytics, S&P Global Platts.On April 27, Opec+ decided to maintain its production plan from...
Source: omanobserver.om