VIDEO 3:04 03:04 Oil markets are anticipating a post-pandemic demand recovery: IHS Markit Street Signs Asia The U.S. and China remain locked in a wrestle for power, and it’s worrying that they’re not working to engage and collaborate with each other, energy expert Dan Yergin told CNBC. Flags of the U.S. and China fly along Pennsylvania Avenue in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images “I think right now, the Trump administration is putting down a series of landmines almost, of difficulties for a Biden administration,” he added. Yergin said bringing stability to the U.S. -China relationship is the “biggest geopolitical issue” that President-elect Joe Biden will have to face. […] He said oil prices are anticipating a recovery in demand and pointed to a pick up in U.S. demand before virus cases started to increase again. […] “Even though work patterns will have changed, jet travel will change, I think we’re going to see demand come back to what it was in 2019 sometime in 2022, 2023,” he said.
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