FILE PHOTO: Amin H. Nasser, president and CEO of Saudi Aramco, speaks during the International Carbon Capture, Utilization and Storage Conference 2020 in Riyadh, Saudi Arabia February 25, 2020. REUTERS/Ahmed Yosri
DUBAI - Saudi Aramco’s Chief Executive Amin Nasser said on Sunday that he sees oil demand recovering in Asia as economies gradually open up after the easing of coronavirus lockdowns. “Look at China, their gasoline and diesel demand is almost at pre-COVID 19 levels. We are seeing that Asia is picking up and other markets ,” he told reporters on a conference call after Aramco reported results. “As countries ease the lockdown, we expect the demand to increase”
We needed him to state the obvious?
He'll finally be able to afford next years Bentley!
I’m definitely buying more stocks! Everyone should I guess!
Screw SA. Oil is DEAD.
Good-RAISE SAUDI ARABIAN PRODUCTION AND BUILD 'NUCLEAR POWERED REFINERIES.'
It won't last long in America once the motorcycles carry the virus home with them and kids go back to school and, oh, the flu season starts up. The fun is yet to come.
👍
Wishing and hoping are not viable strategies.....
Yes, OPEC cartel will have $€¥£ ≠ trigger on transportation energy, ~4v.m. longer, best bet w'db2 val+: prod. lubes and greases ∆ chemex™ into renwbl v∆s (versions of change) from bio and ccs into fuels for zero net CO2 [°°°] proc. C² nanotech [if conf'd,I'll tX]©me
It's only in China but NOT Asia…only wish of you
Really? My friend is heading us to the second wave of this terrible pandemic!
You wish!
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