OPEC expects a strong recovery in demand for oil, and if all goes well

The world-wide demand for oil will be next year, around seven million barrels per day higher than it was this year. That is predicting the oil-producing countries to work together in the OPEC countries, in an on Tuesday published a report with forecasts for 2021.

the increase, it is incredible, but is to be explained by the fact that the demand for oil and, as a result of the coronacrisis is now very low. The following year, that is, the key used is the expectation of the oil-producing countries.

as of The EFFECTIVE signs out there to indicate that this only happens if there is in 2021 is not a negative global developments, including a new wave of coronabesmettingen, and a burst of trade war between China and the United States of america.

This year, the price of oil nose-dive. The cause of this was the sharp decrease in the demand for oil, with a third party is reduced. The main cause was, of course, the COVID-19 pandemic and the subsequent lockdownmaatregelen around the world.

as it is, even according to the optimistic scenario, the SUPPLY and the demand for oil next year will not return to the same level in 2019 to come. The increased popularity of working from home is here to.