Featured Gas Oil

OPEC says global trade dispute may hit energy demand

By Thompson ABISOLA

OPEC Secretary-General Mohammad Barkindo expects global trade disputes to hit energy demand and eventually hurt economic growth.

Barkindo told reporters on Wednesday in Cape Town that OPEC was hopeful the “cloud of uncertainty” would ease soon.

The prospect of a trade stand-off between the United States and China triggered by U.S. President Donald Trump’s tariff threats against the world’s second-biggest economic power has caused jitters in markets across the world.

“The trade disputes that are emerging among some of the leading partners in the world will eventually hurt (global economic) growth and, by extension, demand for energy,” Barkindo said.

Related posts

Explore Dubai Special Offers during this Festive Season

vAliyu DANLADI 

Reps summon finance minister, others over multi-billion dollar illicit financial flow

Our Reporter

Britain’s Prince Harry meets African leaders in London

Meletus EZE

Downstream oil majors seek full deregulation

Meletus EZE 

Passenger traffic: How aviation fared in Q1 — NCAA

Editor

Buhari seeks re-consideration, approval of NASS on external borrowing plan

Shile GIWA