THE Covid-19 Delta variant is raging through even highly vaccinated chunks of population, but the stimulus-led economic rebound is here to stay and OPEC+ needs to do more to contain oil prices or risk a demand fallout.
“While inflation remains a concern, it is unlikely that central banks will act too fast in dampening down the current recovery. As such, we do see demand for commodities continuing to remain strong,” Chris Midgley, Global Director of Analytics at S&P Global Platts said in a July market update.
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