Opec projects major rebound in oil demand in the second half of 2021

Opec sees global oil demand spiking later this year due to increased Covid vaccinations, the easing of lockdowns, and economic stimulus measures

Rebound: Opec projects a surge in oil demand, largely due to an increased need for gasoline, in the second half of 2021 — Rebound: Opec projects a surge in oil demand, largely due to an increased need for gasoline, in the second half of 2021Photo: REUTERS

Mark Passwaters

Houston

Published 13 April 2021, 21:40Updated 14 April 2021, 12:08

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