FILE PHOTO: An employee holds a sample of crude oil at the Yarakta oilfield, owned by Irkutsk Oil Co, in the Irkutsk region, Russia on March 11, 2019. REUTERS/Vasily Fedosenko/File Photo
“The economic slowdown will take months to reverse completely ... in addition, there is the potential that a second wave of the virus could cut mobility once again.” Increasing global oil output and the downgraded demand outlook also mean a slower draw on crude oil stocks which piled up at the height of lockdown measures, it added.
EPRA_Ke says otherwise!!
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