Tuesday, July 22, 2025
Energy demand, hit by coronavirus crisis, is set to see record drop this year, IEA says- oil and gas 360

Energy demand, hit by coronavirus crisis, is set to see record drop this year, IEA says

CNBC The International Energy Agency said Thursday it expects global energy demand to plunge this year in what the Paris-based agency called the biggest drop since World War II. With roughly 4.2 billion people around the world subject to some form of lockdown in an effort to slow the spread of the coronavirus, the IEA is forecasting a 6% decline

Special Report: Trump told Saudis: Cut oil supply or lose U.S. military support - sources- oil and gas 360

Special Report: Trump told Saudis: Cut oil supply or lose U.S. military support – sources

Reuters WASHINGTON/LONDON/DUBAI – As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum. Source: Reuters In an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman that unless the Organization of the Petroleum Exporting Countries (OPEC) started cutting oil production, he would be powerless