Oireachtas Joint and Select Committees

Wednesday, 16 November 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh

Mr. Willie Walsh:

The price of Brent has been more stable in recent months. What will impact on that, however, is if we start seeing a recovery in China. The lack of activity in China has reduced the demand for oil. If China starts opening up and there is greater demand for oil there, it could have an impact on the price of oil. There are so many moving parts, it is difficult to see.

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