MARKET VIEWS

2021-22 Oil Outlook: Supply Increases, As Global Demand Improves

By Fawaz Sulaiman Al Mughrabi, Karmen Meneses and Alessandro Magnoli Bocchi

16 August 2021

In this paper we discuss:

1 – Macroeconomic Context: Global Growth Prospects Remain Supported By Accommodative Liquidity Conditions, And Improved Business Activities

2 - Geopolitical Context: Risks Deriving Mainly From Russia, China and Iran

3 – Oil Outlook (2021-22): Oil Market Fundamentals Continue To Strengthen, As The Economic Recovery Continues

4 – Base Case Scenario (70% Probability): Oil Prices Will Moderate As Demand Uncertainties Heighten – Driven By The COVID-19 Delta Variant

5 - Market Impact: Market Volatility And Price Uncertainty Will Linger; Valuations Will Improve

6 – Risks And Alternative Scenarios

Contact us to obtain the password to open the PDF

Download PDF: Oil outlook - August 2021

YOU CAN ALSO PURCHASE THIS INDIVIDUAL PAPER DIRECTLY ON R&R's ONLINE STORE

Back to Research

Back to Homepage