Russia Sees Global Oil Demand Rising in Summer Driving Season

The next few months will see an increase in global oil demand as fuel consumption will rise in the summer driving season, Russian Deputy Prime Minister Alexander Novak told Reuters, adding that this expected rebound was factored in OPEC+’s decision to begin adding supply to the market from April. “Oil demand will grow during the driving season,” said Novak, who is Russia’s top oil official and represents the country at the OPEC+ talks and meetings. Last week, Novak said that OPEC+ could reverse the oil production increase…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com