Oil demand recovery fragile

Petronas calls for innovation to stay competitive

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) expects the path towards sustained oil demand recovery to remain fragile and uncertain next year, as the emergence of new Covid-19 variants could potentially hamper growth.

In light of this, the national oil company said the smart approach would be to strengthen efforts collectively and be ready to face the oil price volatility.

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Oil , demand , recovery , fragile , Petronas , competitive


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