5 Jan 2021

JBC in the Media - The National

"The 'hands-on-approach' the markets are now accustomed to seeing from Opec+ is largely behind the 'bullish kick' seen in oil prices through the last quarter, JBC Energy said in a statement.

Maintaining cuts at 1.5m bpd higher than expected for February would help push the global crude balance below five-year average levels, the consultancy added."