Global Markets: BP Chief Economist Sees Continued Oil Demand Growth This Year

Oil barrels hf_134319_article

Oil prices had fallen sharply

BP expects oil demand growth to continue this year, the group’s chief economist Spencer Dale told a presentation in Moscow on Wednesday.

He declined to give his forecast for oil prices if a proposed deal between major oil producers to freeze oil output levels at January level is signed next month in Doha. (Reuters; Reporting by Katya Golubkova; Writing by Dmitry Solovyov; Editing by Jack Stubbs)

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