OPEC Sec Gen says expects demand to reach pre-pandemic levels this year

  • Date: 12-Feb-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Egypt
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OPEC Sec Gen says expects demand to reach pre-pandemic levels this year

CAIRO - OPEC Secretary General Haitham Al Ghais said on Sunday that the group expects oil demand to exceed pre-pandemic levels this year, reaching almost 102 million barrels a day.

Demand is projected to further rise to 110 million barrels per day by 2025, he said.

"OPEC remains committed to supporting oil market stability," Al Ghais said in a speech at the Egypt Petroleum Show.

(Reporting by Sarah El Safty; Editing by Susan Fenton)

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