VIDEO: Global Oil Outlook - Week 8

Author: Andrew Putwain

2021/02/22

LONDON (ICIS) --The consequences of last week's big freeze in Texas are expected to last some time . US refinery capacity, while unaffected by long-term damage, saw cuts to production and exports which could affect supply in the coming weeks.

China is expected to release positive economic figures in the week. This could help improve sentiment after a shaky start caused by regional lockdowns at the beginning of the year.

The ICIS oil experts summarise the five key factors to watch out for in Week 8.