Exclusive-Aramco chief tells Davos he expects additional oil demand of 1.3 million bpd this year

DAVOS, Switzerland (Reuters) – Saudi oil giant Aramco (TADAWUL:2222)’s Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an additional 1.3 million barrels per day this year.

Speaking at the World Economic Forum in Davos, Nasser was responding to a Reuters question on the impact of U.S. President Donald Trump’s energy decisions, which could increase hydrocarbon output.

This post is originally published on INVESTING.

  • Related Posts

    Dollar inches down in volatile trading as investors gauge Trump tariff comments

    Investing.com – The US dollar edged down against a basket of currencies in volatile trading on Tuesday, after President Donald Trump stopped short of imposing harsh tariffs on friends and…

    Portugal to import more US, Nigerian LNG, aims to end Russian supply

    LISBON (Reuters) – Portugal plans to increase purchases of liquefied natural gas (LNG) from the United States and Nigeria as it aims to end already dwindling supplies from Russia, Environment…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Dollar inches down in volatile trading as investors gauge Trump tariff comments

    • January 21, 2025
    Dollar inches down in volatile trading as investors gauge Trump tariff comments

    Portugal to import more US, Nigerian LNG, aims to end Russian supply

    • January 21, 2025
    Portugal to import more US, Nigerian LNG, aims to end Russian supply

    Pre-Hedging in FX: Balancing Risk and Transparency Without Any Standardization

    • January 21, 2025
    Pre-Hedging in FX: Balancing Risk and Transparency Without Any Standardization

    Revolut Expands Security Features with In-App Calls for Personal Customers

    • January 21, 2025
    Revolut Expands Security Features with In-App Calls for Personal Customers

    World reacts to Trump withdrawing US from Paris climate pact

    • January 21, 2025
    World reacts to Trump withdrawing US from Paris climate pact

    Yemen vice-president says Trump return pivotal in fight against Iran backed-Houthis

    • January 21, 2025
    Yemen vice-president says Trump return pivotal in fight against Iran backed-Houthis