“Generally, the impact of Omicron seems to be jet-fuel related for now, particularly in Africa and Europe,” the report said.
“Transportation fuel demand within Europe might be also affected,” it added.
Source: National News Agency
OPEC+ sees the oil surplus worsening to 2 million barrels per day (bpd) in January, 3.4 million bpd in February and 3.8 million bpd in March next year, an internal report seen by Reuters showed.
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