Back in black: The oil market’s way forward

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Commodities Focus

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After a historic collapse into negative territory, oil prices have rebounded on the backs of OPEC+ production cuts and the first glimmers of an economic recovery from the COVID-19 pandemic. Will the upward trend be sustainable? S&P Global Platts news editors examine the latest market forecasts and the dynamics influencing the OPEC+ alliance’s ability to bring down the global surplus of oil.