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Oil demand to reach pre-pandemic levels in 2022: OPEC

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Oil demand to reach pre-pandemic levels in 2022: OPEC

timestampJul 16, 2021 authorAlShorts Web Desk

Organization of the Petroleum Exporting Countries (OPEC) on Thursday said oil demand will rebound to pre-pandemic levels in 2022. The group, in its monthly report, stated the demand would surge by 3.4% to 99.86 million barrels per day (bpd). It would then average 100 million bpd in the second half of 2022, OPEC added.

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