Comments
Saudi Aramco Chief Executive Amin Nasser said on Sunday that global oil demand was seeing healthy growth as economies recover from the Covid-19 pandemic while tight global spare capacity was declining.
"Global spare capacity is around 2 million barrels per day, which is not significant enough to deal with these geopolitical events and what is happening in the market," Nasser said in a media call after the company announced its annual results.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.