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Oil demand will spike after war to replenish stocks, ADNOC executive says

June 3, 2026 3:54 AM
Reuters


There will be a spike in oil demand to replenish storage levels after the current global oil supply crisis in overcome, ADNOC senior vice president of business transformation Fatema Bin Saleem Al Teneiji said on Tuesday.

Oil demand will then start to pick up as oil prices normalise, she said at the S&P Global Energy Middle East Petroleum and Gas Conference in London.

(Reporting by Robert Harvey in London, Editing by Louise Heavens)

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