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Fear of Surplus Oil in 2022: how will the OPEC+ handle the balancing act?

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World oil demand in 2022

In the absence of a fight over the baseline, the OPEC+ ministerial meeting is taking place at 17:00 Vienna time. The JTC, Joint Technical Committe, meeting that normally precedes the ministerial meeting released the data on Tuesday that will be the basis for the decision making on Tueday.

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