European lockdowns upset the maths of the oil market

European lockdowns upset the maths of the oil market

European lockdowns upset the maths of the oil market

European lockdowns upset the maths of the oil market

A man wearing a face mask walks past a COVID-19 / coronavirus testing station on Sept. 24, 2020 in Prague. (File/AFP)

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European lockdowns upset the maths of the oil market

The reimposition of lockdowns in Europe sent energy analysts back to their calculators to assess what it all meant for fragile global demand

production from Libya has come back surprisingly strongly

Updated 01 November 2020

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DUBAI: The global oil market looks set for a challenging time in the coming weeks as a combination of negative factors bears down on crude prices. Fortunately, policymakers have tools at their disposal to mitigate the impact and ensure prices do not drop again like they did at the height of