Monday Message 19th July 2021

Are we on the cusp of a new oil price supercycle? Boston Consulting Group think so:
“As the world emerges from the COVID-19 crisis, an oil price boom is looking increasingly likely. The market conditions that create the boom will also compress its path – with surging demand coinciding with a shortage of supply – and the price expansion will not last long”

Contact us if you would like a copy of that 14 page BCG article and their view on supply and demand factors.