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IEA Monthly Oil Market Report: cuts 2021 oil demand outlook by 270k BPD to 5.4mln BPD amid lower Q1 demand in Europe and Americas

Important
SourceNewsquawk
SectionEnergy & Power
  • Maintains H2 2021 oil demand growth steady as vaccine campaigns expand
  • Recovery in demand is fragile amid surging cases in India and Thailand offset by positive trends in Europe and the US
  • OPEC+ has pumped far below the call on its crude 
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