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Oil demand to rise above pre-pandemic levels in 2022

The Wall Street Journal 01/19/2022

Demand for oil is expected to rise this year as governments move away from lockdowns and enable economic activity. “At the current speed of transmission, a large part of the population will likely have gained immunity by infection or vaccination by the end of the first quarter,” the International Energy Agency said. “As a result, restrictions to mobility could be minimal in the second half of the year.”

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