In this week’s podcast, World Oil editors discuss an emerging disconnect as drilling activity across the board continues to rise, while oil traders are expecting a long road to demand recovery. Also, Venezuela and Iran flout U.S. trade sanctions with more crude and refined product shipments; and Libya’s post-civil-war oil export recovery looks set to create challenges for the continuing OPEC+ production agreement.
Despite traders’ weak demand outlook, oil and gas drilling activity continues to rise
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