OPEC Chief Sees Still Anemic Oil Demand Recovery

Global economic and oil demand recovery is still anemic, OPEC Secretary General Mohammad Barkindo said on Monday, but noted that the cartel doesn’t see another plunge in demand like in the second quarter. “We do not expect a relapse to the massive contraction that we saw in the second quarter,” Barkindo said at the virtual 2020 India Energy Forum by CERAWeek on Monday.    “We remain cautiously optimistic that the recovery will continue. It may take longer, maybe at lower levels, but we are determined to stay the…