Saturday, March 28, 2020
The International Air Transport Association (IATA) said the impact of the Covid-19 could result in passenger airlines losing up to $113 billion in revenues this year. The updated forecast is almost four time the estimate from 13 days ago, reflecting the spread of the coronavirus outbreak in Europe. IATA said...
The Organization of Petroleum Exporting Countries (OPCE) has agreed to cut oil output by an extra 1.5 million barrels per day (bpd) in the second quarter of 2020 to support prices that have been hit by the Covid-19 outbreak. The oil demand outlook has been pummelled by governments’ steps...

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