MELBOURNE, Nov 24 (Reuters) - Australia's Viva Energy (VEA) , one of two remaining oil refiners in the country, expects fuel demand to return to pre-COVID levels by 2024, its boss said on Wednesday.
"We expect a recovery to pre-COVID levels by 2024," Chief Executive Scott Wyatt told analysts at a strategy briefing.
Viva and its rival Ampol Ltd (ALD) , operators of Australia's last two refineries, have been hammered by pandemic lockdowns across the country over the past 20 months but are now seeing a rapid recovery in fuel demand with curbs mostly eased and air travel picking up.
MELBOURNE, Nov 24 (Reuters) - Australia's Viva Energy (VEA) ,...
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Last
$2.05 |
Change
0.010(0.49%) |
Mkt cap ! $3.318B | |||
| Open | High | Low | Value | Volume |
| $2.06 | $2.06 | $2.03 | $1.045M | 510.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 29209 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.06 | 96624 | 69 |
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| Last trade - 12.17pm 13/08/2025 (20 minute delay) ? |
| VEA (ASX) Chart |