MARKETS

Rystad calls it: $20 oil not far off

CONSULTANCY Rystad Energy expects increased global oil supplies in the next three months, which could drive oil to US$20 per barrel.

paul hunt

OPEC+ expected to unleash 2.5 million extra barrels a day

Rystad's view is that OPEC+ members are "locked and loaded" to add between 1.5 million and 2.5MM barrels of oil per day. "Without OPEC+, the global oil market has lost its regulator and now only...

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