2021-05-26 13:15:00
GLOBAL OIL DEFICIT 1 MBD
![GLOBAL OIL DEFICIT 1 MBD](/cache/05-21/oil-83.f95485e4.jpg)
REUTERS - MAY 26, 2021 - Global oil deficit is currently seen at around 1 million barrels per day, Russia's deputy prime minister Alexander Novak told reporters on Wednesday.
He added that the Organization of Petroleum Exporting Countries and its allies, a group known as OPEC+, should take into account possible increase in oil production by Iran when considering its further steps.
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Earlier:
![GLOBAL OIL DEFICIT 1 MBD](/cache/05-21/price-375.33f749bf.jpg)
2021, May, 25, 12:40:00
OIL PRICE: NOT ABOVE $69 ANEW
Brent were down 1 cent at $68.45 a barrel. WTI were off 8 cents at $65.97 a barrel.
![GLOBAL OIL DEFICIT 1 MBD](/cache/05-21/price-250.9c17b5a3.jpg)
2021, May, 24, 13:05:00
OIL PRICE: NOT ABOVE $68 ANEW
Brent rose $1.25, or 1.9%, to $67.69. WTI was at $64.73 a barrel, up $1.15, or 1.8%.
![GLOBAL OIL DEFICIT 1 MBD](/cache/05-21/price-359.71f54696.jpg)
2021, May, 21, 10:10:00
OIL PRICE: NEAR $65
Brent fell $1.55, or 2.3%, to settle at $65.11 a barrel. WTI crudeended $1.31, or 2.1%, lower at $62.05 a barrel.
![GLOBAL OIL DEFICIT 1 MBD](/cache/05-21/price-275.e6949eec.jpg)
2021, May, 20, 14:10:00
OIL PRICE: ABOVE $65
Brent was down $1.40, or 2.1%, at $65.26 a barrel. WTI lost $1.12, or 1.7%, to $62.24 a barrel.
![GLOBAL OIL DEFICIT 1 MBD](/cache/05-21/price-349.83c788be.jpg)
2021, May, 19, 14:55:00
OIL PRICE: NEAR $68 YET
Brent fell $1.08, or 1.5%, to $67.63 a barrel. WTI dropped $1.05 cents, or 1.6%, to $64.44 a barrel.
![GLOBAL OIL DEFICIT 1 MBD](/cache/05-21/price-341.53df6b05.jpg)
2021, May, 18, 13:20:00
OIL PRICE: NEAR $70 YET
Brent fwas up 55 cents, or 0.8%, at $70.01. WTI was up 37 cents, or 0.6%, at $66.64.
![GLOBAL OIL DEFICIT 1 MBD](/cache/05-21/oil-84.9e87e234.jpg)
2021, May, 13, 17:55:00
GLOBAL OIL DEMAND WILL UP BY 6.0 MBD TO 96.5 MBD
For 2021, world oil demand is expected to increase by 6.0 mb/d, unchanged from last month’s estimate, to average 96.5 mb/d.