Russia–Africa Forum Participants Address Natural Resources

In light of recent events, the Analytical Credit Rating Agency (ACRA) has published Russia 2022 Economic Outlook Update — a revised forecast for the development of Russia’s economy, presented in the form of three scenarios shaped by external and internal factors.

The rating agency Expert RA has published a macroeconomic overview of the current state of Russia’s economy with an outlook for 2020.

This analytical report by The Oxford Institute for Energy Studies explores potential supply sources, demand issues, transportation problems, and the conditions under which Southern Corridor gas will compete with other supply in the European market.

COVID-19 has created a demand shock in the oil market as social distancing reduces movement and daily travel for more and more of us each day. At present, most of the reporting agencies expect oil demand growth this year to be largely flat, well below the 1.2 million barrels/day (mmb/d) expected just a few months ago. And this demand growth forecast will likely be revised down further as large gatherings are cancelled, schools shut their doors, and companies implement policies to encourage or mandate working from home.