Making Sense of Recent Turbulence in Oil Markets

<p>Highlights Unprecedented demand destruction – the duration of which is subject to significant uncertainty – will continue to dictate global oil markets in the near term. OPEC+’s 10th extraordinary meeting and Friday’s G20 negotiations culminated with a historic agreement to cut oil production by a combined 9.7 million barrels per day (bpd). This supply-side response, […]</p>
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