RDIF Says Oil Demand May Rise

Wednesday, November 20, 2019

Global oil demand may rise as global trade wars subside, Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF), told reporters on Wednesday when asked what to expect from a meeting of OPEC and non-OPEC oil producers set for December.

"Of course, the committee will look at demand in the oil markets. But we see that the situation with demand may improve as the United States reduces pressure on China in trade wars," Dmitriev said.


(Reporting by Vladimir Soldatkin; writing by Polina Devitt; editing by Jason Neely)

Categories: Oil

Related Stories

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Inpex Starts Construction of Indonesia's Abadi LNG Project

Oil Rises 2% as Middle East Hostilities Escalate

Sunda Energy Applies for Exploration Permit Offshore New Zealand

Current News

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

Oil Eases After Topping $100, Still Set for Weekly Rise

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com