By Marwa Rashad DAVOS, Switzerland (Reuters) -Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an additional 1.3 million barrels per day of demand this year.

ALBAWABA - Amin H. Nasser, President & CEO of Aramco, stated that the oil market currently remains strong, with oil demand expected to increase by appro

“We still see good demand coming out of China,” Aramco’s Chief Executive Officer Amin Nasser said in a Bloomberg Television interview in Davos. The country, along with India, make up about 40% of the global consumption growth and, “demand is increasing year on year.”

Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an additional 1.3 million barrels per day this year. Speaking at the World Economic Forum in Davos,

Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an additional 1.3 million barrels per day of demand this year. Speaking to Reuters on the sidelines of the World Economic Forum in Davos,

Nasser’s expectations for 2025 oil demand are similar to predictions made by Opec’s most recent monthly report, which pegged global oil demand growth forecast for 2025 at 1.4 million bpd. Opec believes that oil demand growth could continue well into 2026 at an almost similar pace.