FlowBank

1049 days ago • Posted by Martin Boujol

Global oil demand is expected to surge next year, above pre-Covid levels

Oil demand is expected to surge above the 100 million barrels per day, according to the IEA on its 2022 forecast, which urges Arabia and Russia to pump more oil. As stated on their report "OPEC+ needs to open the taps to keep the world oil markets adequately supplied."

Source: IEA, Javier Blas

#Commodities
Global oil demand is expected to surge next year, above pre-Covid levels
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