Fatih Birol, executive director of the International Energy Agency, forecasts that the world’s daily oil demand will climb by 5.7m barrels next year. The world’s oil demand could climb at its fastest rate in the history of the market next year, and may reach pre-crisis levels within years, unless new green policies are adopted, according to the International Energy Agency (IEA). The global energy watchdog has forecast that the world’s daily oil demand may climb by 5.7m barrels next year, the fastest annual climb on record, to an average of 97m barrels of oil a day in 2021. The demand forecasts for next year fall short of levels recorded in 2019 because the record rebound will only partially offset the severe oil demand collapse triggered by the coronavirus pandemic, which is expected to erase an average of 8.1m barrels of oil a day from global demand during 2020. But […]