Standard Chartered Bank -- Q2 Starts in 4 Days StanChart has predicted that global demand will hit a new all-time high of 103.01 mb/d in May, with June setting a new record at 103.62 mb/d while August demand is expected to be even higher at 104.31 mb/d. StanChart says tightening oil markets will continue to power the oil price rally and has predicted Brent to average $94/bbl in Q2-2024.
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