According to the Australian, Mr van Buerden said the oversupply tipped by many analysts as new projects in Australia and the US come online hasn’t been spotted yet.
“The LNG glut, it’s conspicuously absent, isn’t it? Much to the surprise of those who thought it was inevitable,” said Mr van Buerden.
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Headline crude prices for the week beginning 10 February 2020 – Brent: US$53/b; WTI: US$49/b
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