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IMF Lowers 2020 Oil Demand By 8% Amid High Uncertainties

IMF Lowers 2020 Oil Demand By 8% Amid High Uncertainties     The coronavirus crisis will see global oil demand dropping by around eight percent this year, compared to last year, the International Monetary Fund (IMF), has said in a new report. This year, oil prices will be...

Report Says, Fuel Subsidy Removal Will Reduce Fiscal Burden By 8%

Report Says, Fuel Subsidy Removal Will Reduce Fiscal Burden By 8% As the debate over fuel subsidy removal rages on, the latest economic bulletin of Financial Derivatives Limited has revealed that the country’s fiscal burden will reduce by eight per cent if it stops subsidising...