Business News | Global Crude Oil Supply Gap of 4.8 Mbpd May Trigger Demand Destruction, Improve OMCs Margin: Report | LatestLY
Get latest articles and stories on Business at LatestLY. A supply deficit of around 4.8 million barrels per day (mbpd) in the global oil market is expected to be absorbed through demand destruction amid ongoing disruptions in West Asia, according to a report by PL Capital. New Delhi [India], May 4 (ANI): A supply deficit of around 4.8 million barrels…
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