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Asharq Al-Awsat

Business

Cairo - Asharq Al-Awsat

OPEC Expects Demand to Reach Pre-pandemic Levels

OPEC Al Ghais Oil Haitham Al Ghais Petroleum United States

A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration

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.

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