The second wave of coronavirus cases in the world is impacting global oil demand “maybe a little bit more than we thought” in the second half of this year, BP’s chief executive Bernard Looney said on the virtual 2020 India Energy Forum by CERAWeek on Monday. In terms of oil demand, undoubtedly there has been an impact this year, “probably less than we thought in the first half of the year, and maybe a little bit more than we thought in the second half of the year as the second wave of infections come in around the world,” Looney said. It is probably too early to assess the true impact, especially for the medium to long term, he noted, but added that there would be some impact. Oil has been hit harder than other fuels, BP’s top executive said. Speaking about peak oil demand, Looney said that “peaking of […]