GLOBAL oil demand is not declining in a pattern that would be consistent with a recession, and demand will still grow next year from this year despite expected slowdowns in Europe and the US, Amrita Sen, director of research at Energy Aspects, told Bloomberg on Friday during an interview.
There is still considerable pent-up demand following the reopening after Covid-19 lockdowns, and people generally still have a lot of savings, she said.
Brent and WTI buoyant in bullish market
Tamboran ramping up Top End work
The future of frontline operations
Tamboran ramping up Top End work
The future of frontline operations
