AS OIL DEMAND recovers, but the risk of a second wave of coronavirus remains, which could have a second impact in the global oil and gas industry, according to Dulles Wang, director, Americas gas research at Wood Mackenzie, said, "Our HI 2020 outlook anticipates an oil price rebound as demand starts rising post-coronavirus. However, a second large-scale lockdown would deepen the recession, and possibly delay any rebound in GDP until 2022."
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