Trade Arabia · 2d
China still driving oil demand growth says Aramco CEO
“We still see good demand coming out of China,” Aramco’s Chief Executive Officer Amin Nasser said in a Bloomberg Television interview in Davos. The country, along with India, make up about 40% of the global consumption growth and, “demand is increasing year on year.”
Upstream · 2d
Aramco chief Amin Nasser expects ‘additional oil demand’ of 1.3 million bpd in 2025
Nasser’s expectations for 2025 oil demand are similar to predictions made by Opec’s most recent monthly report, which pegged global oil demand growth forecast for 2025 at 1.4 million bpd. Opec believes that oil demand growth could continue well into 2026 at an almost similar pace.
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