Sentiment Shifts In Oil Markets As Demand Fears Fade

Oil markets are looking increasingly bullish as analysts argue that the impact of Omicron on global oil demand will be limited Chart of the Week- Energy companies from the Persian Gulf have borrowed 30.5 billion in 2021, according to Bloomberg, the highest level in at least 25 years as regional NOCs seek foreign investment to fund their ambitious plans.  - Qatar Energy was the leader amongst all NOCs, selling $12.5 billion of bonds in July 2021 (the biggest emerging-market offering of last year) as part of financing its LNG capacity expansion. -…