Macro Oils short-term outlook: March 2021
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Table of contents
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Global supply: US deep freeze and OPEC rollover impacts H1 2021 production
- OPEC+ rolls over March cuts; exception of further small rise in output for Russia and Kazakhstan
- Non-OPEC supply: sweeping US winter storms, and a mixed forecast for the North Sea
- US Lower 48: winter storm impact was severe but short-lived
- Impact of severe winter storm
- Operator guidance
- OPEC: minor revisions as OPEC+ rolls over production cuts
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Global demand : Texas freeze, Covid-19 lingering restrictions weigh on Q1 2021
- Global liquids demand this year: Q1 2021 struggles, Q4 2021 demand raised
- Q1 2021:
- 2021:
- Asia-Pacific:
- Americas:
- Europe:
- Russia/The Caspian:
- 2022: Demand exceeds pre-crisis levels in H2 2022
- 1 more item(s)...
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