A weak supply response and tight inventories to keep oil prices elevated – Deutsche Bank Oil Banks China RussianFederation
“With lockdowns in China being scaled back, we expect Chinese demand to recover quickly, particularly given likely policy stimulus.”
“Continued capital discipline in the US means that only a limited increase in US production looks likely over the next 12 months and production remains below pre-Covid levels.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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