• Focus Area Future of Global Oil Markets Future of Global Oil Markets
  • Type Report
  • Date 30 May 2022


The drivers of this quarter’s global demand outlook stem from multiple factors (i.e., the Russian-Ukrainian conflict, lower trade confidence, the U.S. Federal Reserve’s interest rate hike, overall downward gross domestic product (GDP) revisions, continued inflation and the recent lockdowns in China due to COVID-19).




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