Global Demand Forecast Indicates More Pressure on Prices for Petroleum Products

Global Demand Forecast Indicates More Pressure on Prices for Petroleum Products

EisnerAmper

As global economies came out of the coronavirus pandemic, demand for petroleum products escalated quickly and supplies of crude oil could not keep pace. Prices rose as did inflation. A report from the International Energy Agency (IEA) forecasts an additional increase in demand worldwide, and volatility in global crude oil…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.

 

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