Oil demand expected to reach pre-pandemic levels despite omicron fears: Aramco CEO

  • 11/29/2021
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Dhahran: Aramco’s CEO is optimistic about oil demand growth next year despite fears over the new COVID-19 variant omicron. Oil demand will be over 100 million barrels per day in 2022, reaching pre-COVID19 levels, Amin Nasser told Arab News during a media briefing at the company"s headquarter today. On COVID-19’s new strain, he said that “the markets overreacted,” adding that the impact of omicron on demand cannot be measured without a full medical assessment. Nasser’s remarks came during a ceremony in Dhahran to kickoff development of the unconventional gas field Jafurah.

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