Friday Nov 15, 2024
7th November: OPEC delays, distillate demand, and crude imbalances
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In this episode of the Sparta Market Outlook podcast, the team discusses the current state of global oil markets, starting with OPEC+'s decision to delay a planned supply hike, signalling potential bearish implications despite appearing as a bullish move. The episode dives into the U.S. crude supply, revealing recent strong growth and the ongoing effects of global supply and demand imbalances.
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