The emergence of coronavirus vaccines on the global market is helping to restore oil demand, and the market may return to pre-crisis parameters during 2021, Russian Deputy Prime Minister was quoted as saying in a media report.

"Before the end of 2020, we have already seen a recovery in demand, but, nevertheless, we did not reach the parameters that we had before the crisis. We hope that throughout 2021 we will, however, reach pre-pandemic figures," said Alexander Novak in an interview with Rossiya 24 TV channel, reported Russian news agency Tass.

"Today, demand has not yet recovered by about 7-8 million barrels per day compared to the pre-crisis period. Although, in general, I have already said that, the decline was much bigger, and this year most of the demand has already recovered. Next year, we expect additional growth in demand of about 5-6 million barrels per day. This is an optimistic forecast," he noted.