The International Energy Agency (IEA) kept its forecast for growth in global oil demand in 2021 at 5.4 mln barrels per day, according to the IEA's July report, APA-Economics reports citing TASS.
After two consecutive months of decline in June, oil demand rose by 3.2 mln bpd to 96.8 mln bpd.
In 2022, the growth in oil demand, according to the IEA forecast, will amount to 3 mln bpd, however, the agency noted that risks remain due to the growing number of coronavirus cases in the world.
At the same time, the world oil supply in June increased by 1.1 mln to 95.6 mln bpd against the backdrop of increased production by OPEC+ countries.
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