Oil: On the one hand…

Summary: ongoing events in and around the energy sector highlight the uncertainty over the extent to which the 2020 decline in oil demand turns out to be structural rather than cyclical.
We are again grateful to Alastair Newton for the article below. He worked as a professional political analyst in the City of London from 2005 to 2015. Before that he spent 20 years as a career diplomat with the British Diplomatic Service.

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