MARKET VIEWS
2021-22: Oil Prices To Recover, As Global Demand Improves
By Alessandro Magnoli Bocchi and Fawaz Sulaiman Al Mughrabi
5 May 2021
In this paper we discuss:
- The underlying macroeconomic outlook for the 2021-22 period;
- How geopolitical events may impact oil supply and prices;
- How we expect oil supply and demand to evolve in 2021-22;
- Our scenario analysis for oil prices, with baseline, upside and downside risks; and
- The economic, policy and market implications of all the above.
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Download PDF: Oil outlook - May 2021
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