Oil market faces up to the grim implications of coronavirus
-
Article by:
David Sheppard, Financial Times
-
Date Published:
February 27, 2020
-
Who was cited:
FGE
As coronavirus fears rattle global markets, the oil industry is facing up to an uncomfortable truth: things are likely to get worse before they get better. FGE, an energy consultancy, is now forecasting that global demand growth for oil will be essentially zero in 2020, failing to rise for the first time since the financial crisis.
Read Article