The narrative is making less and less sense. Presumably, oil demand rose above its pre-COVID peak in September, while oil supply did not. Global oil demand rose seasonally in September to the second-highest level of this year, according to the JODI data shared by the Riyadh-based International Energy Forum (IEF).
Oil Demand Is Rising, But Oil Prices Are Falling?
Oil Demand Is Rising, But Oil Prices Are…
Oil Demand Is Rising, But Oil Prices Are Falling?
The narrative is making less and less sense. Presumably, oil demand rose above its pre-COVID peak in September, while oil supply did not. Global oil demand rose seasonally in September to the second-highest level of this year, according to the JODI data shared by the Riyadh-based International Energy Forum (IEF).