OPEC’s output pledge welcomed by pandemic-hit Asian oil buyers

摘要

1. OPEC+ to pump 2 million b/d more crude by July, 2. Compliance to wane amid surging global demand: Platts Analytics, 3. Asian refiners expect move to cap Middle East OSPs. Singapore-The affirmation from OPEC and its allies that recovering demand has created conditions to boost crude output will offer relief to Asian oil buyers in the hopes the move will ensure adequate supply and potentially prevent a sharp rise in prices.