The production cuts, even at a maximum of 20 million bpd, are not enough to make up for the demand loss, at 30 million bpd currently, equivalent to 30 percent of global demand.from Moneycontrol Commodity News https://ift.tt/2xp3jeR
No one benefits from oil demand destruction, market to weaken further
The production cuts, even at a maximum of 20 million bpd, are not enough to make up for the demand loss, at 30 million bpd currently, equivalent to 30 percent of global demand.from Moneycontrol Commodity News https://ift.tt/2xp3jeR
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