Oil Rally Halted As European Vaccination Campaign Stalls ...Middle East

Economy by : (OILPRICE) -
While plenty of analysts remain confident that there remains upside for oil prices, a combination of high crude stocks and issues with vaccine rollouts in several countries has caused oil prices to retreat and demand fears to grow.Chart of the Week-    U.S. LNG exports increased in 2020 to an average of 6.5 bcf/d, up 31% from the year before.-    That increase came despite a plunge during the summer months due to the pandemic. -    In November and December 2020, U.S. LNG exports posted record highs. -  …

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