Big Oil confronts possibility of terminal demand decline
An unprecedented rebound of 5.7 million barrels per day is expected next year and overall demand will be lower than in 2019, owing to ongoing uncertainty in the airline sector.
JULIEN MIVIELLEAlthough crude prices have rebounded from coronavirus crisis lows, oil experts are starting to ask if the industry has crossed the Rubicon of peak demand.The plunge ...
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