DAVOS (Reuters) – Chinese appetite for oil is expected to raise demand by 500,000 barrels per day after the country curbed its COVID-19 restrictions, OPEC Secretary General Haitham al-Ghais told Abu Dhabi-based Sky News Arabia from Davos on Tuesday.
Demand from India and China could compensate for shrinkage expected from developed countries, he added.
Separately, Al-Ghais said it is still early to assess the impact of sanctions on Russian oil supply.
(Reporting by Nadine Awadalla and Yomna Ehab; Editing by Clauda Tanios; Editing by David Goodman)
