demand on oil, prices to climb further, says Minister of Oil

Baghdad (IraqiNews.com) The Minister of Oil Adil Abdul-Mahdi assured that “the rates of demand on energy sources will rise and the demand on crude oil will continue to rise at a rate of 1.5-1.2% yearly, noting “the demand on oil may reach to 105-110 million barrel a day in 2025.

The demand on oil will keep rising and the transport and the shipment tanks will play a great role in increasing the consumption during the coming months, said a statement by the Minister’s media office. /End/