
Mr Barkindo called the demand crunch 'staggering' and 'unprecedented in modern times'. Victor Besa / The National
Mr Barkindo called the demand crunch 'staggering' and 'unprecedented in modern times'. Victor Besa / The National
Oil market fundamentals at 'horrifying' levels, says Opec secretary general
The current oversupply is set to add a further 1.3 billion barrels to global oil stocks, potentially exhausting global storage capacity by May