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Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group latest

Oil Demand Needs at Least a Year to Rebound to Pre-Virus Levels
August 3rd, 2020 - 12:00 GMT

Oil Demand Needs at Least a Year to Rebound to Pre-Virus Levels

Global oil demand will not return back to pre-virus levels until the third quarter (Q3) of 2021, and a forecast of 2.5 million barrels per day (m b/d) quantum is seen as a permanent level of demand destruction, a report said. Despite an assumed pick-up in momentum over the summer, we forecast that global liquids demand will only expand to an average 97m b/d by year-end, as aviation demand in ...
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MENA: Fear of Recession Lingers Despite Signs of Economical Recovery
June 9th, 2020 - 11:00 GMT

MENA: Fear of Recession Lingers Despite Signs of Economic Recovery

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