Investment in global energy to drop by $400bn
Shortpedia
Content Team
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Investment in global energy will slump down by $400bn this year. It’s the biggest slump in history while the Covid-19 pandemic results in a collapse in energy demand. The International Energy Agency has claimed the unprecedented investment slump comes after the most severe drop in energy demand since WWII. The oil price also suffered an alarming market crash when US oil prices turned negative for the first time.
