**BP Says the Era of Oil-Demand Growth Is Over**
BP becomes the first oil major to announce that the relentless oil demand is over, something that many thought would last at least another decade. Coronavirus has pushed prices of oil to all time lows through 2020, and BP have reports to show that levels may never recover to what was seen in 2019, with the most bullish scenario holding oil demand flat Bloomberg reports. (Bloomberg)
**First 0.5% bunker fuel cargo arrives in Bangladesh**
Low sulfur fuel oil on order from the Bangladesh Petroleum Company has just arrived in the country, docking at Chattogram. The tender to supply the Southeast Asian country with the IMO approved grade was initially fielded in June. (Ship and Bunker)
**Refiners, offshore producers shut ahead of Hurricane landfall**
More than a quarter of US offshore platforms in the Gulf had closed, with export ports in the region also shut as the area prepared for historic rainfall and high winds. Nearly 500,000 bpd of offshore crude production was shut according to the US interior department, less than a month after 1.5 million bpd was temporarily stopped due to storm Laura. (Reuters)
**Renewable Energy Continues To Eat Away At Fossil Fuel Dominance**
Renewables are set to be the fastest growing energy source, as increasing prevalence of electric vehicles and greener attitudes from the oil majors have led to more competitive pricing in the solar and wind sources of power against the incumbent energy sources such as oil and gas reports from Oilprice.com show. (Oilprice.com)