September 26, 2017 / 3:46 AM / 7 months ago

Oil demand may exceed supply by up to 4 million bpd by 2019: Trafigura

SINGAPORE (Reuters) - Global oil demand may be between 2 million to 4 million barrels per day more than worldwide crude supply by the end of 2019, an executive with commodities trading house Trafigura said on Tuesday.

FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo

“When we count up the barrels across the next couple of years, we are coming up short,” said Ben Luckock, Trafigura’s co-head of group market risk, at an industry conference in Singapore.

Reporting by Mark Tay

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