Indian Oil Top Executive Not Ruling Out Decrease in Oil Demand Due to Spread of Omicron

Dec 8, 2021 | EARNINGS

HOUSTON US (Sputnik) – The spread of the new COVID-19 Omicron variant may provoke a decrease in oil demand in the short-run, if it turns out to be more severe than previous variants and triggers the necessity to introduce lockdowns, Dr. SSV Ramakumar, the director of research and development on the board of Indian Oil Corporation, said.

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