SAUDI ARAMCO CEO TALKS ABOUT CHINESE OIL DEMAND

Tina Collins

Oct 22, 2024

Saudi Aramco CEO Amin Nasser is optimistic about China's oil demand after its economic stimulus efforts.

He highlighted strong jet fuel demand in China.

Aramco plans to increase its oil production to 4 million barrels per day, focusing on China.

Aramco is investing in partnerships in China.

Nasser emphasized the importance of adjusting global energy transition plans, especially for developing countries.

He predicted that oil demand will grow in developing nations as their economies grow.

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MICROSTRATEGY BUYS $4.6 BILLION WORTH OF BITCOIN IN HISTORIC DEAL

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GOLDMAN SACHS EXPECTS RBA AND NZRB TO CUT INTEREST RATES