• Global oil demand to return to pre-pandemic levels next year, although COVID hotspots will make the recovery uneven: IEA

    1 day ago - By Business Insider

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    Global oil demand is set to return to pre-pandemic levels in 2022, the International Energy Agency said.
    COVID will keep impacting demand due to continued outbreaks, unequal vaccination levels and societal shifts.
    Accelerating production in the US and OPEC+ countries will boost supply in 2022, the IEA said.
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    Global oil demand is set to return to pre-pandemic levels by the end of 2022, but renewed COVID outbreaks and low vaccination levels in developing countries will make the recovery uneven, the...
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