fuente: https://www.portafolio.

co/

Fecha noticia: 30/05/2020

Fecha clase: 01/06/2020

The uncertainties that settle on the

demand for crude oil
Fuente: https://www.portafolio.co/internacional/las-
incertidumbres-que-se-posan-sobre-la-demanda-del-crudo-541265

The market now has several challenges.

Although recovering, the outlook for
consumption appears bleak.

Crude rose about 88% in May and on

Friday US futures topped $ 35 a barrel for
the first time since March, driven by drastic
supply limits for producers around the
world.

China is a bright spot, but the rest of Asia

continues to struggle. The number of drilling
rigs in operation in the U.S. It decreased for
the eleventh week, which has contained the excess oil that flooded the market.

Opinion:

I think that the recovery situation in the oil market is very difficult because demand
is really low, but I think that good adaptation measures are being taken to prevent
the end of a major crisis or