More Economic Shock Looms as Oil Demand Forecasts Trend South

Two forecasts for oil demand by respected energy sector stakeholders point to a bleak future for the sector and even worse economic outlook for countries like Nigeria that rely on crude oil to fund their budgets. The International Energy Agency (IEA) on Thursday cut its 2020 oil demand forecast, on account of reduced air travel…for further reading, click on

https://businessday.ng/energy/oilandgas/article/more-economic-shock-looms-as-oil-demand-forecasts-trend-south/


SOURCE: BusinessDay Newspaper          Aug 13,2020.