The nationwide lockdown created significant shifts in electricity consumption and these shifts are expected to continue through the summer. Read more here: https://energycentral.com/c/em/us-electricity-consumption-summer-expected-be-lowest-2009-pandemic-may-not-be-end?utm_medium=eNL&utm_campaign=em_net&utm_content=418523&utm_source=2020_06_24
In the next twelve to twenty-four months, the dominant factor in the oil market will be the progress of the pandemic.
Read more here:
https://www.forbes.com/sites/michaellynch/2020/05/12/indicators-of-the-oil-price-path/#518f2f006e87
