UAE Energy Minister believes oil demand could recover by the end of 2021
According to recent reports, United Arab Emirates Energy Minister Suhail al-Mazrouei has commented on a potentially updated timeline for a return to form for global oil demand. He believes that global demand will make a somewhat optimistic return to pre-pandemic level by the end of 2021 or early 2022. Mr. al-Mazrouei stated during a recent forum discussion that "I'm more optimistic than the numbers, because I'm confident that the [Opec+] group will continue working hard to ensure that we are balancing the market faster than we anticipated," and that "We have seen that the recovery has been, I think, better than anyone was expecting." He confidently added that "As we are going into the fir
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