두려운 글로벌 오일 glut는 아직 여기에 없습니다
글로벌 원유 수출은 최신 10 년 계절 평균보다 강력하고 강세를 유지하고 있습니다. 그러나 수요는 이번 여름에도 강세를 유지하고 있습니다
The Feared Global Oil Glut Is Not Here, Yet
Global crude oil exports continue to hold strong and above the latest ten-year seasonal average. Demand, however, is also holding strong this summer, absorbing an increase in South American supply led by Brazil and Guyana, and production hikes in the Middle East as OPEC+ continues to ease output cuts. As a result, the market appears balanced near the end of the peak summer consumption period in the northern hemisphere. But fears are that oversupply will materialize in the fourth quarter to depress prices, once peak demand season and the unwinding…