The recovery in oil demand and the less-than-feared demand destruction earlier this year will support oil prices next year when producers will be playing catch up with demand, and Brent oil prices could rise to $66 a barrel, according to Energy Aspects. Brent Crude prices are set to jump to $66 a barrel in 2021 and $83 a barrel in 2023, from $43 per barrel in 2020, Amrita Sen, co-founder, Director of Research, and Chief Oil Analyst at Energy Aspects, said in a presentation at a virtual energy conference, as carried by Bloomberg . According to the energy analyst, the worst of the demand destruction was 18 million barrels per day (bpd) during the April lockdowns, while expectations were for many more barrels lost, to the tune of 30 million bpd. Energy Aspects itself had expected a drop of 28 million bpd, while the actual maximum demand loss was […]