Sorokin says global demand will return to 100 million barrels per day in the next 2-3 years

The Russian Deputy Minister of Energy, Pavel Sorokin said on Monday that they expect global oil demand to return to 100 million barrels per day (bpd) in the next two to three years., as reported by Reuters.

Additional comments:

We won’t see a full recovery in air travel in the next two years“.

“We will see a oil demand growth in the next 10 to 15 years at least”.

“There is a risk of a supply crisis due to a decrease in investments.”

.

Credits: Forex Street

You may also like

US
Markets
Joshua

US

The index of Michigan University’s consumer’s feeling For the United States it has fallen for the fourth consecutive month. The