Oil prices extend losses on Asian Covid-19 infections and US crude stocks build
Oil prices extended their losses on Thursday as the market priced in concerns over increasing Covid-19 infections in Asia and a surprise US crude stocks build.
Special reports - 22 April 2021
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Rystad Energy: oil demand could peak in 2026
Rystad Energy is downgrading its peak oil demand forecast to 101.6 million bpd, a pinnacle that will come in 2026, which is earlier than previously thought.