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2021-10-25

When last year’s World Oil Outlook (WOO) was launched in October 2020 much of the world was heading into a second wave of the COVID-19 pandemic. It would see countries enter into renewed lockdowns, with further humanitarian and economic repercussions.
It was a period of continuing massive uncertainty, and for oil, and energy markets, it would require a renewed focus on balancing supply and demand and reestablishing sustainable stability, such as through the Declaration of Cooperation (DoC).

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