June 2018

Published at 15:07 25 Jun 2018 by . Last edited 17:55 25 Jun 2018.

Fundamentals is our monthly review of global oil data, this is the June edition.Our 2018 balances have not moved much since last month, despite OPEC deciding to raise production in H2 18. This is partly because we had already factored in 0.5 mb/d of more GCC and Russian production in H2 18 vs H1 18,…

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