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Oil demand to reach 100m barrels a day in four years – McKinsey

newsjar by newsjar
March 1, 2021
in Business
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Oil demand to reach 100m barrels a day in four years – McKinsey
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Oil demand is expected to take two to four years to return to 2019 levels, depending on the duration of lockdowns and the pace of GDP recovery, forecasts by McKinsey and Company, a leading management consultancy firm, shows. “Based on our Global Energy Perspective reference-case demand insights, current OPEC+ intervention will be sufficient to help…

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