OPEC sees oil demand soaring in 2021 but still below 2019
It was the first report in which OPEC assessed oil markets next year. It said the forecast assumed no further downside risks materialised in 2021 such as U.S.
-China trade tensions, high debt levels or a second wave of coronavirus infections.major economies, allowing for recovery in private household consumption and investment, supported by the massive stimulus measures undertaken to combat the pandemic,” OPEC said.
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