BHP sees global oil demand recovery taking until end of 2021

摘要

London—BHP Group, the mining and resource giant, does not expect global oil demand to return to pre-COVID levels before the end of 2021 amid increased uncertainty over the impact of further infection outbreaks, the company said July 21. Reporting full-year financial earnings, BHP said it expects the pace and scope of the demand recovery will vary across countries due to second-wave outbreaks but sees a “smoother resumption of activity” from the initial global lockdowns.