The following story was written by Terry Etam and published in the BOE Report on April 15, 2020.
We can all now see how critically important reliable energy supplies are, and how taken for granted they were. We will have seen that a global lockdown resulted in a massive drop of 30 million barrels per day of oil demand, but that the world still required 70 million barrels per day even when as close to a standstill. To read more, click here.