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From Russia to Asia - oil's new map may prompt policy rethink by OPEC+

Oil Markets

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The Asian Oil Demand Recovery Path

Kang: China is a huge rebound from last year's decline. India continues doing well, although compared with a recovery in 21-22,. India already back to 20 national levels. But the whole region, we are looking at the latest demand forecast we have. Some people are forming a embarrassed buddy of demand growth this year in Asia and it's about 70% of global football. Supply concerns, yes. Even though our base case scenario continues to assume like Paul said, continuous supply from Russia and OPEC supply.

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