BP CEO: Second Wave Of COVID Hits Oil Demand Harder Than Expected

The second wave of coronavirus cases in the world is impacting global oil demand “maybe a little bit more than we thought” in the second half of this year, BP’s chief executive Bernard Looney said on the virtual 2020 India Energy Forum by CERAWeek on Monday. In terms of oil demand, undoubtedly there has been an impact this year, “probably less than we thought in the first half of the year, and maybe a little bit more than we thought in the second half of the year as the second wave of infections come in around the world,”…