Web Desk January 19, 2021

Global supply on the oil market is expected to go up by 1 mln barrels per day in 2021 after a decrease by 6.6 mln barrels per day in 2020 mainly due to OPEC+ nations, the International Energy Agency (IEA) said in a report, APA reports quoting TASS.

 

Meanwhile, the agency considers an additional increase in global supply possible amid recovery of oil demand in the second half of 2021.

 

Source: Azeri-Press News Agency

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