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Oil-related industries face challenging times, say analysts

Mindy Tan
Published Sun, May 3, 2020 · 09:50 PM

Singapore

WITH a drop in oil demand expected to get worse in Q2, oil-related segments of the economy are in for a challenging environment, as outlined by policy makers recently.

In its Macroeconomic Review released last week, the Monetary Authority of Singapore's Economic Policy Group noted that demand collapse in oil coupled …

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