UAE Energy Minister believes oil demand could recover by the end of 2021

According to recent reports, United Arab Emirates Energy Minister Suhail al-Mazrouei has commented on a potentially updated timeline for a return to form for global oil demand.  He believes that global demand will make a somewhat optimistic return to pre-pandemic level by the end of 2021 or early 2022. Mr. al-Mazrouei stated during a recent forum discussion that "I'm more optimistic than the numbers, because I'm confident that the [Opec+] group will continue working hard to ensure that we are balancing the market faster than we anticipated," and that "We have seen that the recovery has been, I think, better than anyone was expecting."  He confidently added that "As we are going into the fir

LOG IN to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to three free articles.

2) SUBSCRIBE to Global Energy Infrastructure and gain ACCESS to premium content for the energy industry.*

 

*Access will be granted the next business day.

Related Articles

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}