Exclusive: Saudi's Falih - U.S., China driving oil demand; no April OPEC policy change | Reuters:
Saudi oil minister Khalid al-Falih said on Sunday that China and the U.S. would lead healthy global demand for oil this year but that it would be too early to change OPEC+ output policy at the group’s next meeting in April.
He said total global oil demand is set to grow by around 1.5 million barrels per day (bpd).
“If you look at Venezuela alone you would panic, if you look at the U.S. you would say the world is awash with oil. You have to look at the market as a whole. We think 2019 demand is actually quite healthy,” Falih told Reuters.
No comments:
Post a Comment