Published: Jul 22, 2021
Japan and South Korea continued to rack up solid export gains in a sign that the impact of virus variants has yet to have a major impact on global demand even as the recovery in world trade inches closer to its peak.
Published: May 16, 2020
A fifth of global demand for oil will disappear this quarter. All three of the major forecasting agencies now agree that the world faces its biggest-ever slump in oil consumption, after governments imposed movement restrictions on billions of people to combat the coronavirus. The scale of the demand hit means that despite producers implementing unprecedented output cuts, stockpiles will soar this year.