Midstream giant Enterprise Products Partners LP executives said Thursday demand for petrochemical products has stayed resilient through the coronavirus pandemic, and said oil prices could see a boost as early as next year.

“The global economy is in the early stages of reopening from a self-imposed sudden stop due to Covid-19,” said Enterprise’s Jim Teague, co-CEO of the general partner, during a third quarter earnings call. “Even though the pace of the pandemic and the economic recovery is still very uncertain, the economic recovery is leading to a remarkable rebound in the demand for energy and energy products from the lows of the second quarter of 2020.”

He noted that energy demand in Asia, with the exception of air travel, has returned to near-normal levels, while...