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Energy Market Assessment: Supply expectations high and demand expectations low – Oil & Gas 360

Summary by Oil & Gas 360
(Oil & Gas 360) – Supply Expectations High And Demand Expectations Low, Running Counter To U.S. Supply Demand Data Have The Consensus Set UP To Be Caught Short. The price of WTI crude oil back below $60 reflects much fear plus news that OPEC+ will increase production.  The Organization of Petroleum Exporting Countries (OPEC), + other world exporters announcing Monday, that production limits will be increased 411,000 barrels per day in June deflat
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Oil & Gas 360 broke the news in Denver, United States on Friday, May 9, 2025.
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