Saudi Aramco’s CEO bullish on oil demand in 2021

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Mon, 2021-10-04 17:54

JEDDAH: Saudi Aramco CEO Amin Nasser is bullish on oil demand next year as he sees the demand for oil “very healthy”.

The CEO of the world’s largest oil producer said that oil demand will hit 99 million barrels a day by end of 2021 and it may jump over 100 million barrels next year, he told the Energy Intelligence forum.  

“The forecast for next year will be over a hundred million barrel. So Over all the demand is very healthy,” he said.

Oil prices are trading around $80 and Nasser attributed this to the increase in demand. 

 

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