|2020-09-30 来源： 中国石化新闻网|
李峻 编译自 石油新闻
Global oil inventories expected to drop below 5-year average in Q2 2021: OPEC
OECD commercial oil inventories are expected to stand slightly above the five-year average through Q1 2021, before dropping below that benchmark for the remainder of the year, OPEC Secretary General Mohammed Barkindo said Sept. 27.
The projections are based on latest forecasts, which expect world oil demand in 2020 to contract by 9.5 million b/d, while non-OPEC liquids production is anticipated to decline by 2.7 million b/d, said Barkindo said in prepared remarks at the G20 energy ministerial hosted online by Saudi Arabia.
"Therefore, our job is not yet complete. We must reach across whatever divide we face and work towards broader and consensus-driven solutions that are beneficial to our stakeholders and ultimately the entire world," Barkindo said.
OPEC and its allies, including Russia, have said they are aiming to reduce global oil inventories to the five-year average through their collective production cuts.
The so-called OPEC+ alliance agreed to cut 9.7 million b/d of production starting in May, which was then relaxed to a 7.7 million b/d cut from August through the end of the year, anticipating a pick-up in global oil demand. From January 2021 through April 2022, the cuts are scheduled to taper further to 5.8 million b/d, but OPEC+ leaders have not ruled out maintaining deeper cuts if market conditions warrant.