Aramco Chief Sees Healthy Oil Market This Year ...Middle East

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Aramco Chief Sees Healthy Oil Market This Year
Amin Nasser, the chief executive of Saudi Aramco, sees oil market fundamentals as stable and likely to remain so for the rest of the year. Speaking at the Energy Asia conference organized by Malaysia’s Petronas, Nasser noted that China and India remain the main drivers for global oil demand. "Despite the recession risks in several OECD countries, the economies of developing countries – especially China and India – are driving healthy oil demand growth of more than 2 million barrels per day this year," he said as quoted by Reuters.…

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