Oil Demand Increases Above Pre-pandemic Level

Even after the troublesome covid rates, the demand for oil is climbing rapidly globally, says an article published in ShipAndBunker.

CEO of BP on China’s oil demand

Bernard Looney, Chief Executive Officer at BP said, “China’s oil demand is above pre-pandemic levels.Organisation of Petroleum Exporting Countries this week decided to move forward with a gradual crude protection increase, anticipating a strong demand.”

He added, “America is almost back to where it was, the vaccines are going to kick...

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