Aramco CEO Sees Meaningful Oil Price Recovery In 2021

Oil prices are set to see a meaningful recovery in the second half of next year as the worst for producers, and the market is behind us, Amin Nasser, the chief executive of Saudi oil giant Aramco, said at an industry event this week. “We are still in the tunnel, but I believe we can now see more light at the end of the tunnel,” Petroleum Economist quoted Nasser as saying as he was accepting the 2020 Kavaler Award from petrochemicals industry association The Chemists’ Club. Although there is still uncertainty over the second coronavirus…

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