MLex: companies should see modest rebounds in demand and prices in coming weeks as governments move to gradually relax coronavirus (COVID-19) movement restrictions and producing countries put ‘massive’ output cuts into effect, the International Energy Agency said in its latest market report published on 14 May 2020. But a second wave of coronavirus infections and consequent reintroduction of restrictive measures on mobility and economic activity remains a ‘major risk factor’ for demand.
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