MARKETS

Oil outlook uncertain: IEA

THE outlook for oil remains uncertain in short and medium term as COVID-19 has not just put strain on fuel markets but brought forth underlying issues. In coming decades lower cost producers, mostly OPEC members, are likely to survive.

Helen Clark

World Energy Outlook finds oil production could fall to 20MMbopd by 2040

There is little certainty as to how excess fuel supply will be reabsorbed as demand remains low, the International Energy Agency's World Energy Outlook said today. The major report, which predicts...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.