“Oil producers may have to reconsider their output policies following a demand recovery in China, the world's second-largest oil consumer,” International Energy Agency (IEA) Executive Director Fatih Birol said on the sidelines of the India Energy Week conference on Sunday per Reuters.
Key comments
We expect about half of the growth in global oil demand this year will come from China.
If demand goes up very strongly, if the Chinese economy rebounds, then there will be a need, in my view, for the OPEC countries to look at their (output) policies.
Price caps on Russian oil have achieved the objectives of both stabilizing oil markets and reducing Moscow's revenues from oil and gas exports.
Fuel markets might face difficulties in the short term as global trade routes ‘reshuffle’ to accommodate Europe drawing on more imports from China, India, the Middle East and the United States.
That could force other markets such as Latin America to scout for alternative imports.
Fuel market balance could improve from the second half as more refining capacity is added globally.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
暫無評論，立馬搶沙發