IHS Markit says outlook for crude oil prices strengthens through 2021
Green Car Congress
AUGUST 7, 2020
Phase II of the recovery (the “just-in-time oil market” phase) is a delicate transition phase in which surplus inventories are worked down in parallel with rising supply as spare supply capacity returns from Vienna Alliance and North American producers. —Roger Diwan, vice president financial services, IHS Markit.
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