Russia expected an increase in oil demand next year

Baghdad  Russian Deputy Prime Minister Alexander Novak expected, on Monday, that global demand for oil will increase during the next year, between 5 to 6 million barrels per day.

Novak said in statements to reporters in Moscow today: I expect an additional demand for oil, between five and six million barrels per day, next year.

Novak indicated that: The OPEC + agreement may change if the oil market recovered faster than expected, indicating that global oil demand is still between 6 and 7 million barrels per day below the level before the Corona pandemic crisis, and its repercussions on the global economy.


Source: National Iraqi News Agency

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