In 2020, the largest drop in gas demand in history is expected.

This is stated in a message on the website of the International Energy Agency (IEA).

“2020 may be the year when the largest drop in demand for natural gas in the history of the global gas market is recorded,” the text says.

It is noted that demand was influenced by the coronavirus pandemic, as well as record mild temperatures at the beginning of the year.

On May 27, Vasily Tanurkov, director of the ACRA corporate rating group, assessed the prospects of the oil market.

According to him, even in the case of a complete recovery in oil demand in the III quarter and the continued operation of OPEC + a reduction in reserves to a pre-crisis level will require another six months.