EIA expects the global liquid fuels inventory to continue declining in the second half of 2020 and during most of 2021, resulting in a relatively balanced market by the end of next year.
Read the article here:
https://www.eia.gov/todayinenergy/detail.php?id=45236
Iraq is moving ahead with plans to develop its associated and non-associated gas resources in the next two to three years.
Read more here:
https://oilprice.com/Energy/Energy-General/OPECs-No2-Is-Planning-To-Develop-Huge-Gas-Reserves.html#:~:text=Iraq%20is%20finally%20looking%20to,for%20electricity%20and%20gas%20imports
Qatar Petroleum has announced that it will invest more than $20bn in the US oil and gas sector. A decision that came after Qatar revealed its plans to quit OPEC.
Read more here:
https://www.offshore-technology.com/news/qatar-us-oil-and-gas-opec/