Crude oil demand is expected to improve in just a few short months, Saudi Aramco CEO Amir Nasser said this week at IHS Markit’s CERAWeek, with oil demand from China, east Asia, and India creating most of the increase. “Current demand in the market is about 94m bbl/day, our expectation by next year will be about 99m bbl/day,” Nasser said, adding that there was a good case for oil demand optimism going forward.
But not all product demand in the petroleum sector saw uniform destruction. Diesel demand, for one, has already risen above…Aramco CEO Sees Crude Demand Picking Up Quickly
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