MRB on China.org.cn – December 1, 2021
World oil demand growth in 2022 will remain strong, but supply will likely rise to meet it, said Mehran Nakhjavani, a partner of emerging markets with the MRB Partners on Tuesday.
Oil prices are more likely to return to a range of 60 dollars to 70 dollars per barrel next year, rather than to rise further from current elevated levels, said Nakhjavani in a research note.