Nahid Sultana

The IEA, the organization that brings oil consuming countries together and work as an advisor to governments expects that 2022 will be am easier year for recovery in the global oil market. Spread of the Omicron gave a little pessimism in the market initially but it is more measurable now. As there is a new restriction on international travel, it has revised the forcast to a downwards for both the yearr 2021 and 2022.