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With Demand Sliding, Oil Losing It's Grip On Global Demand
9 mins·07:37, 17 Aug 2020
With Demand Sliding, Oil Losing It's Grip On Global Demand
9 mins
·
07:37, 17 Aug 2020
·
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In its closely watched Monthly Oil Market Report, OPEC projected a lower demand for 2020, compared with its July estimates.
Yong-liang Por, consultant for the Institute for Energy Economics & Financial Analysis (IEEFA), discusses the global energy outlook in the medium- as well as the long-term, as climate change forces the transition to clean energy.
Image Credit: EPA-EFE
Presenter: Khoo Hsu Chuang, Wong Shou Ning
Producer: Shazana Mokhtar
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