LogIn LogOut

RDIF Says Oil Demand May Rise

November 20, 2019

© Jose Luis Stephens / Adobe Stock
© Jose Luis Stephens / Adobe Stock

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


Current News

Russia Expecting Oil Output Bump

Russia Expecting Oil Output Bump

VOS Champion Starts New Charter

VOS Champion Starts New Charter

Fugro Completes Deepwater AUV Survey for Shell

Fugro Completes Deepwater AUV Survey for Shell

China to Launch State Pipeline Group

China to Launch State Pipeline Group

Neptune Buys East Sepinggan Stake

Neptune Buys East Sepinggan Stake

EnQuest Awarded Block PM409 PSC

EnQuest Awarded Block PM409 PSC

Tendeka Launches One-trip Remedial System

Tendeka Launches One-trip Remedial System

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