EUROGOMMA
Polyurethane Screens and Polyurethane Screen Panels
Early figures are suggesting that the outbreak of Covid-19 could have a significant impact on global oil demand, with Arij van Berkel, a director at US-based research firm Lux Research claiming that “early indications by traders suggest a 20% drop in demand.”
“In a sense, the current demand decrease is a preview of demand projections for 2030 and beyond,” he continued, noting that the outbreak could simply be accelerating a trend many have already predicted. “As an example, Barclays projects a global peak in oil demand between 2030 and 2035 followed by a steady demand reduction.
“We should watch how oil companies respond, as it will reveal vulnerabilities to decreasing demand and consistently low prices.”
Polyurethane Screens and Polyurethane Screen Panels
Portable and Temporary Inflatable Structures for Mining Applications
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