DiscoverWorld Oil's Daily BriefDespite traders' weak demand outlook, oil and gas drilling activity continues to rise
Despite traders' weak demand outlook, oil and gas drilling activity continues to rise

Despite traders' weak demand outlook, oil and gas drilling activity continues to rise

Update: 2020-10-04
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This week, World Oil editors discuss a seeming disconnect as drilling activity across the board continues to rise, while oil traders are expecting a long road to demand recovery. Also, Venezuela and Iran flout U.S. trade sanctions with more crude and refined product shipments; and Libya's post-civil-war oil export recovery looks set to create challenges for the continuing OPEC+ production agreement.

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Despite traders' weak demand outlook, oil and gas drilling activity continues to rise

Despite traders' weak demand outlook, oil and gas drilling activity continues to rise

Cameron Wallace, Digital Editor at World Oil