OPEC+ will need to boost output to meet 2022 demand recovery -IEA

Reuters2021-06-11

LONDON, June 11 (Reuters) - OPEC+ oil producers will need to boost their output in order to meet demand set to recover to pre-pandemic levels by the end of 2022, the International Energy Agency said on Friday.

"OPEC+ needs to open the taps to keep the world oil markets adequately supplied," the Paris-based energy watchdog said, adding that rising demand and countries' short-term policies were at odds with the IEA's call to end new oil, gas and coal funding in a stark climate report it issued last month.

"In 2022 there is scope for the 24-member OPEC+ group, led by Saudi Arabia and Russia, to ramp up crude supply by 1.4 million barrels per day (bpd) above its July 2021-March 2022 target," it said in its monthly oil report.

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Comments

fefelix
2021-06-12
fefelix
nice
666investor
2021-06-11
666investor
Like and comment
- WildFoE:
  Ok Done
Wisteun
2021-06-11
Wisteun
Commebt
Shadowrider
2021-06-11
Shadowrider
Comment pls
- Wisteun:
  Comment
cinbat
2021-06-11
cinbat
like and comment
- Shadowrider:
  Ok
Soarhigh
2021-06-11
Soarhigh
Pls comment
- Shadowrider:
  Ok
- kyawkh:
  [开心]
- Deca:
  Ok

Leave a comment

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