VIDEO: Global Oil Outlook – Week 33

Andrew Putwain

16-Aug-2021

LONDON (ICIS)–The Delta variant could rip up plans for the global economic recovery as the US and China have seen a resurgence of the virus that could affect demand for crude in the coming months.

The OPEC+ meeting on 1 September is drawing market attention. Oil majors say they can ramp up production as soon they get the green light.

In the meantime, the global demand and supply balance remains precarious.

ICIS oil experts what to watch out for in Week 33.

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