Representatives of Nigeria on cooperating with Russia in the oil and gas sector

COVID-19 has created a demand shock in the oil market as social distancing reduces movement and daily travel for more and more of us each day. At present, most of the reporting agencies expect oil demand growth this year to be largely flat, well below the 1.2 million barrels/day (mmb/d) expected just a few months ago. And this demand growth forecast will likely be revised down further as large gatherings are cancelled, schools shut their doors, and companies implement policies to encourage or mandate working from home.

ACRA gives a forecast of the Russian electricity sector development up to 2022.

The report of the Center for Strategic Research analyzes the global and Russian petrochemical markets, the risks, and prospects for their development, as well as measures to support the industry.

The Analytical Credit Rating Agency (ACRA) has published its Russian oil sector 2023 outlook.