Aramco CEO sees oil demand picking up as lockdowns ease
"Look at China, their gasoline and diesel demand is almost at pre-Covid19 levels. We are seeing that Asia is picking up and other markets (too)," he told reporters on a conference call
FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Khurais, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo
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-Covid19 levels. We are seeing that Asia is picking up and other markets (too)," he told reporters on a conference call after Aramco reported results.
"As countries ease the lockdown, we expect the demand to increase".
