Oil prices and demand on the rise
Oil prices rose on Tuesday as lockdowns start to ease globally and traffic fuel consumption, among the main reasons demand has fallen, increases.
Oil prices rose on Tuesday as lockdowns start to ease globally and traffic fuel consumption, among the main reasons demand has fallen, increases.
Michael Konopczynski and Mojtaba Moradi, Tendeka, UK, discuss how flow control can be optimised with an autonomous outflow control device.
Rystad Energy estimates that the downcycle in the upstream industry will remove about 6 million bpd from production forecasts for 2025.