Oil demand outlook uncertain

THE outlook for Asia Pacific oil demand is choppy with shortages possible in coming decades even as a fall is expected this year, according to analyst firm Wood Mackenzie.

28 July 2020
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However it sees shortages of certain refinery feedstocks already looming this year, suggesting a 3 million barrel a day shortage in 2020 rusing to 3.8MMbopd nu 2027.

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