The drivers of this quarter’s significant demand growth will be the reopening of COVID-related shutdowns/behaviors, continued economic recovery and seasonal consumption patterns. We anticipate that the most significant quarter-on-quarter (QoQ) growth will come from the U.S., followed by the OECD Europe and then Russia.
![KAPSARC Oil Market Outlook (KOMO)](https://wscdn-01.kapsarc.org/wp-content/uploads/2019/10/13-150x150.jpg)