Oil prices bearing the brunt of the Corona virus

By Henri KOUAM|2021-03-22T10:41:32+00:00April 16th, 2020|Categories: covid19, Economics Affairs, Publications|Tags: , , |

Oil prices have plummeted as the Coronavirus has intensified across much of Europe and North America. The Energy Information Agency (EIA) has revised down its global oil demand forecast, which suggests that major importers such as China as well as European countries will reduce demand for oil.