Rystad Energy’s senior oil market analyst outlines what the market will now be focusing on. What the market will now be focusing on is mostly the gravity of the pandemic’s next wave. That’s according to Rystad Energy’s senior oil market analyst Louise Dickson, who made the statement in a comment sent to Rigzone on Monday. “With supply set to trickle back at an incremental pace, the market turns back to demand signals for the next impetus,” Dickson said. “With the market back taking cues from demand, any new restrictions have downward implications for oil consumption, and will be perceived as bearish for trading,” the Rystad Energy representative added. “The decision to re-lockdown countries is not taken lightly, given the political unpopularity it carries, but as hospitals are again overwhelmed with cases, governments are taking drastic measures that imply very real downside risk for not only oil demand, but economic […]