Global oil demand will not return to pre-crisis levels quickly: Russia

A worker at an oil field owned by Bashneft in Russia. (File photo: Reuters)

Global oil demand is not expected to return to the pre-crisis levels quickly, Russian Deputy Energy Minister Pavel Sorokin said on Wednesday.

Speaking at an online interview, he said that Russian domestic oil producers would be able to recover its oil output quickly, within weeks or months.

He also said that some countries, where international majors work, may have difficulties with sticking to targets under a global oil output cuts deal.

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Last Update: Wednesday, 06 May 2020 KSA 14:08 - GMT 11:08
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