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Oil demand may exceed supply by up to 4 million bpd by 2019: Trafigura

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FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California.

SINGAPORE - Global oil demand may be between 2 million to 4 million barrels per day more than worldwide crude supply by the end of 2019, an executive with commodities trading house Trafigura said on Tuesday.

“When we count up the barrels across the next couple of years, we are coming up short,” said Ben Luckock, Trafigura’s co-head of group market risk, at an industry conference in Singapore.

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Muslim Global: Oil demand may exceed supply by up to 4 million bpd by 2019: Trafigura
Oil demand may exceed supply by up to 4 million bpd by 2019: Trafigura
Global oil demand may be between 2 million to 4 million barrels per day more than worldwide crude supply by the end of 2019, an executive with commodities trading house Trafigura said on Tuesday.
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Muslim Global
http://www.muslimglobal.com/2017/09/oil-demand-may-exceed-supply-by-up-to-4.html
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