This holiday season, we ask you to give the gift of trusted news…

Dear friends,

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Please support our ad-free, nonprofit news agency. Our seasoned journalists reporting from the Middle East are working day and night during these challenging, yet defining times; and our student interns are honing their knowledge and skills, preparing to emerge as tomorrow’s journalists.

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Thank you and best wishes to you and yours this holiday season.
Felice Friedson
Founder, President
After COVID-19, Will the Oil Industry Return to Normal?

After COVID-19, Will the Oil Industry Return to Normal?

Date and time: Tuesday, May 19, 2020, 9 to 10 pm Arabia Standard Time (UTC+3)

Register here.

The coronavirus pandemic has shuttered the world’s economies, overwhelmed health care systems and taken loved ones from us. Politicians have promised their citizens a “return to normal” following the pandemic. However understandable, this longing for “normal” will lead us to a mirage. Worse, our recovery from COVID-19 could be a short-lived victory if we aspire only to have a “normal” economy again.

Lockdown measures put in place to contain the spread of COVID-19 represent an unprecedented shock to global oil demand. The International Energy Agency forecasts that the drop in global demand in April will be as much as 29 million barrels/day year-on-year (around 30% of demand), followed by another significant year-on-year fall of 26 million barrels/day in May. The world has returned to oil demand levels last seen in the 1990s.

Enjoy the evening with Dr. Rawi Abdelal.

Did you know we’re celebrating our 20th Anniversary as the 1st American News Agency exclusively covering the Middle East?

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