• Focus Area Future of Global Oil Markets Future of Global Oil Markets
  • Type Report
  • Date 22 August 2021
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Abstract

The drivers of this quarter’s significant demand growth will be the reopening of COVID-related shutdowns/behaviors, continued economic recovery and seasonal consumption patterns. We anticipate that the most significant quarter-on-quarter (QoQ) growth will come from the U.S., followed by the OECD Europe and then Russia. 

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