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Home Forums Renewable Energy A new normal for oil markets?

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    Ronald
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      “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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