A set of top oil-consuming countries are taking the supply-side dynamics into their own hands. Tuesday marked the official emergence of an “anti-OPEC+”. That’s according to Rystad Energy’s senior oil markets analyst Louise Dickson, who described the newly emerged group as a set of top oil-consuming countries that are taking the supply-side dynamics into their own hands in the “unconventional and unprecedented” release of strategic petroleum reserves to create “artificial looseness” in the oil market. “The orchestrated supply-side via SPRs is a last ditch effort after the U.S. was unsuccessful an influencing OPEC+ to release supply, an ongoing call since August,” Dickson said in a statement sent to Rigzone on Tuesday. “The supply side support is intended to quell oil prices and keep pandemic GDP recovery on track, especially amid the backdrop of an increasingly inflationary macro environment,” Dickson added in the statement. “[Tuesday’s] historic but very unorthodox move […]