OPEC+ to add 400,000 bls?… likely not…. Bloomberg

January 4, 2022 by Jim Colburn Leave a Comment

Or so says Amrita Sen, Energy Aspects, as quoted in a Bloomberg piece written by Grant Smith, et. al.:

“Just 130,000 barrels a day of additional OPEC+ crude are likely to hit the market in January, followed by 250,000 barrels a day in February, according to Amrita Sen, chief oil analyst and co-founder at Energy Aspects Ltd.
“Even if that headline number is 400,000, what’s coming to the market is half of that, maybe even less,” Sen said in an interview with Bloomberg TV before the OPEC+ meeting.“

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