With over 200 restaurants, 60 live shows a day, world–famous artists, daily parades and exhibitions of future-shaping technologies and special celebrations for Diwali and Christmas, the event itself will be a huge attraction. Expo 2020 is also a commercial opportunity for firms to market themselves. Brands including Nissan, UPS, Swatch and Emirates will be showcased in front of a worldwide audience. Among its other attractions, the US pavilion will house a Virgin hyper loop train simulator for visitors to try.
Even if all OPEC members and Russia were to comply 100 percent, global oil inventories could still rise by 700,000 b/d in 1Q 2020.
There are a number of interrelated drivers behind the worldwide demand for crude.
What effect will Trump’s tariffs have on US LNG exporters in particular and LNG trade?
This trade war has slowed demand for oil in China, but also in Europe and America itself.