I need help with a Economics question. All explanations and answers will be used to help me learn.
Your essay should cover the following contents:
- Why oil demand remains at risk of trade war escalation?
- Explain that OPEC has to accept low market share in 2020.
- Why Non-OPEC oil supply set to surge?
- Do you think Oil market to be stuck in surplus in 2020?
- What is the impact of this oil price change on UAE economy? Suggest some relevant policies to combat this challenges.
Writing should be in paragraphs, do not use only point form