Saudi Aramco Says Oil Demand’s Nearing Pre-Pandemic Levels
- ‘We are very optimistic’ about market, says CEO Amin Nasser
- Asset monetization plans to continue regardless of oil price
The Khurais Processing Department in the Khurais oil field in Khurais, Saudi Arabia
Photographer: Maya Sidiqqui/BloombergThis article is for subscribers only.
Saudi Aramco said demand for oil is nearing pre-Covid levels and reiterated that producers globally are investing too little in supply.
“We are getting very close to pre-pandemic levels,” Chief Executive Officer Amin Nasser told reporters on Monday in Dhahran, where the world’s biggest oil company is based. “We continue to see healthy demand in the future.”