May 3, 2020

Oil&Gas Despite the improvement, the stock build will still overwhelm remaining global storage, which will fill in weeks. The global imbalance between oil supply and demand, which has built to 26.4 million barrels per day (bpd) in April due to the Covid-19 pandemic, is set to halve to 13.6 million bpd in May and fall further to just 6.1 million