Total CEO sees lower demand\, higher supply of crude in 2019

Total CEO sees lower demand, higher supply of crude in 2019

Reuters  |  NEW DELHI 

(Reuters) - Demand for will be lower in 2019 and supply higher, the of French group Total said on Tuesday.

Higher and a strengthening dollar will affect demand for crude, told reporters on the sidelines of the IHS CERA conference.

Crude prices could come down once is ready in the United States, Pouyanne said, adding that geopolitics was "putting more pressure on the "

(Reporting by and Promit Mukherjee; Writing by Sudarshan Varadhan; editing by Richard Pullin)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, October 16 2018. 09:54 IST