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OIL: Aramco CEO Expects 106.1m b/d Oil Demand In 2025

OIL

Saudi Aramco CEO Amin Nasser forecasts oil demand to stand at 106.1m b/d in 2025, Bloomberg reports. 

  • Reflects growth of 1.3 to 1.5m b/d, Nasser said, speaking at CERAWeek.
  • Nasser had previously said in January that he expected 1.3m b/d of growth this year, with oil demand ‘approaching’ 1.6m b/d, so this could be seen as a slight upward revision to his expectations. 
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Saudi Aramco CEO Amin Nasser forecasts oil demand to stand at 106.1m b/d in 2025, Bloomberg reports. 

  • Reflects growth of 1.3 to 1.5m b/d, Nasser said, speaking at CERAWeek.
  • Nasser had previously said in January that he expected 1.3m b/d of growth this year, with oil demand ‘approaching’ 1.6m b/d, so this could be seen as a slight upward revision to his expectations.