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Global oil demand to reach pre-COVID level by 2022 end; IEA

Oil demand is set to rise above pre-pandemic levels by the end of 2022, the International Energy Agency (IEA) predicted, urging OPEC and its...

New COVID-19 wave will curb global oil demand growth: IIF

The new wave of COVID-19 infections and renewed lockdowns will slow down the global oil demand growth, dampening the hopes for a strong rebound...

UAE optimistic about oil demand recovery in 2021: Energy Minister

The UAE is optimistic about the recovery of oil demand in 2021, but expects the rebound to be gradual, the energy minister of OPEC's...

Oil demand set to bounce back by 2025: Opec survey

As countries accelerate efforts to revive economies, the global oil demand is expected to recover higher than before, reaching 103.7 million barrels per day...
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