global demand

The Consolidation Of U.S. Shale

The Consolidation Of U.S. Shale

By Editorial Dept - Oct 23, 2020, 11:30 AM CDT

1. Demand stalls on COVID resurgence 

- “We think that the oil market would mount a significant rally if the flow of global demand data was strong,” Standard Chartered wrote in a note. “However, there is no fuel for any such rally currently; demand recovery has disappointed, and in some regions prospects are worsening.”

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