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FinancialNews
12-08-20
Saudi Aramco leader sounds positive in excess of oil demand increase
(MENAFN) On Monday August 10 the head of Saudi Aramco stated that he was optimistic that the worldwide demand for oil was rising as the most horrible of the coronavirus pandemic "might be behind us".
Amin Nasser stated that reporters from side to side a video conference that global demand for crude oil currently places at approximately 90 million barrels per day (bpd), immediately 10 million barrels short of the pre-pandemic level.
Aramco's leader supervisory added that "At year-end demand is expected to be in the mid-90s,".
Require for oil was strike tough by the global blackouts to counter the pandemic, descending at one stage by more than 20 million bpd.
MENAFN1208202000450000ID1100623026
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