The global imbalance between oil supply and demand, which has built to 26.4 million barrels per day (bpd) in April due to the Covid-19 pandemic, is set to halve to 13.6 million bpd in May and fall further to just 6.1 million bpd, according to a Rystad Energy report. However, despite the improvement, the stock build will still overwhelm the remaining global storage, which will fill in weeks. “Global supply ...