WoodMac warns of wave of bankruptcies on path to Paris

© Photographer: Bloomberg/BloomberWoodMac has set out a scenario to achieve Paris goals, which would see oil demand falling from 2023, triggering a wave of bankruptcies.
An employee uses binoculars to look out towards the Arabian Sea in the Port Control Center at Saudi Aramco's Ras Tanura oil refinery and terminal in Ras Tanura, Saudi Arabia, on Monday, Oct. 1, 2018. Photographer: Bloomberg/Bloomberg

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