Coronavirus trickles down global oil markets - Episode 2
Economic activity has significantly slowed across Asia, denting energy consumption and oil demand, particularly in the transportation sector. Travel restrictions and precautionary behaviour are curtailing people movement, sending oil prices to their lowest in more than a year. The implications are stark for the energy industry and for the people who work in it. And demand is likely to remain depressed as the epidemic expands to South Korea and potentially to other major regional economies, which have been forced to pare output.
Host: Alejandro Barbajosa, Argus VP, crude & LPG - Middle East & Asia-Pacific
