Covid-19 is causing a global economic slowdown, says GlobalData
Covid-19 is causing a global economic slowdown, says GlobalData
China has established itself as the most dominant country among the emerging economies. However, when Wuhan City in Hubei became ground zero for COVID-19 outbreak, it resulted into a pronounced slowdown in the global economy, including the oil and gas industry, says leading data and analytics company GlobalData.
Ravindra Puranik, Oil and Gas Analyst at GlobalData, comments: “China consumes 13.5 million barrels...