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A new normal for oil markets?

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    Ronald
    Participant

    “The global economy and oil markets are recovering from the historic
    collapse in demand caused by the coronavirus (Covid-19) pandemic
    in 2020. The staggering inventory surplus that built up last year is
    being worked off and global oil stocks, excluding strategic reserves,
    will return to pre-pandemic levels in 2021. And yet, there may be no
    return to “normal” for the oil market in the post-Covid era.”

     

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