⁍ Novak also said global oil demand was seen falling by up to 10% this year.
⁍ Crisis has prompted companies to slash investment in production by 25-30%.
– Russia’s energy minister is calling on his fellow G20 countries to work together to combat the spread of the deadly Ebola virus, Reuters reports. “Our task, as the leaders of the energy industry, is to show stamina and solidarity in the face of the challenges like that,” Alexander Novak said at an online conference of energy ministries from G20 countries.
Source: https://www.reuters.com/article/us-global-oil-russia/russias-novak-says-global-energy-players-should-jointly-tackle-demand-crisis-idUSKBN26I0MJ