Oil Demand Led by Emerging Nations Still Robust, Aramco CEO Says

Global oil demand looks set to stay “robust” this year and next, led by growth in developing nations, according to the chief executive of Saudi Aramco.

World consumption will grow at a pace of roughly 1.2 million to 1.4 million barrels a day in 2025 and 2026, Amin Nasser said at the Energy Intelligence Forum in London on Monday. Market fundamentals are currently “strong.”