After quite an eventful 2019 in which oil demand growth slowed to its lowest in years and investors questioned the performance of oil and gas stocks, the energy sector meets 2020 with a package of risks that could further dampen the mood about the industry and investors’ outlook for stocks. Depressed oil demand growth, a possible shift in U.S. policies at home and abroad after the presidential election, the continued pressure on the industry to address climate change, the stock market’s lack of confidence in energy stocks, and adequate levels of financing for natural gas projects are the five key risks ahead for the energy sector next year, Wood Mackenzie’s Simon Flowers writes. Weak Oil Demand Growth This year, oil demand growth has been at its weakest since 2011, as slowing global economic growth and the U.S.-China trade war weighed on every economy in the world, including on the […]