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IEA expects surging oil demand from China this year, OPEC+ may need to boost output
International Energy Agency's Executive Director Fatih Birol spoke Sunday on the sidelines of the India Energy Week conference"
Via Reuters:
"We expect about half of the growth in global oil demand this year will come from China" China's jet fuel demand is exploding, putting upward pressure on demand
"If demand goes up very strongly, if the Chinese economy rebounds, then there will be a need, in my view, for the OPEC+ countries to look at their (output) policies"
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Posted: Feb 5 2023, 22:39
Author Name: forexlive
Views: 110879