Alexander Novak- the Russian Energy Minister, anticipates a significant recovery in the global demand in August 2020.
- Mr Novak believes that the oil demand could improve to just remain 10 per cent lower against the pre-crisis levels in August.
- Furthermore, in the recent past, both OPEC and Russia decided to ease the supply curbs from a record 9.7Mbpd to 7.7Mbpd in August.
Which stock gained the most attention in 2019? Find out in our exclusive report on the much talked about lithium stocks which gained the most investor attention amidst the volatile and high drama electric vehicle market.
Read about the shift in the Electric Vehicle market in 2020 and the consequent focus on Lithium in our report.
Get an insight into the lithium prices and the trends. The supply glut kept the lithium prices in check. The escalated bilateral trade dispute between the United States and China significantly impacted the lithium chemical prices.
Understand the performance of mining companies. The lithium mining companies managed to sail through the turbulent white gold market by limiting the production in correspondence with the demand from the offtake partners.