January 1, 2021 – BOE Report
Energy in 2021: The challenges of the coming year
By Maureen McCall
SLOWER CANADIAN RECOVERY-OR NOT
IHS Markit predicted earlier this year that world oil demand would recover at a record pace and then plateau just below pre-COVID-19 levels. Daniel Yergin has been quoted saying oil demand will return to 2019 levels by the end of 2021, 2022. The Canadian Energy Centre reported that Canadian oil sands have a unique ability to respond quickly to demand changes and quotes RBN Energy analyst Martin King, that the industry is on its way with small expansions underway by companies like Canadian Natural Resources and Suncor Energy.
Read the full article here: https://boereport.com/2020/12/31/energy-in-2021-the-challenges-of-the-coming-year/