Aramco's Nasser forecasts oil demand to grow 1.3M bpd through year-end

10/07/2025 Argaam
Saudi AramcoPresident and CEOAmin Nasser

Saudi Aramco President and CEO Amin Nasser

Saudi Aramco President and CEO Amin Nasser said that the global oil demand is expected to increase by nearly 1.2 to 1.3 million barrels per day (bpd) for the rest of 2025.

 

The growth comes despite challenges posed by tariffs and trade tensions, Reuters reported, quoting Nasser at a panel at the OPEC International Forum.

 

He pointed to rising fuel demand in the US and the petrochemical sector in China as key drivers of the growth.

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