As a newly appointed manager in an oil company you are concerned about global demand for oil. Given the existing dynamic but highly uncertain global economic environment you have been assigned to write a report on the global economic outlook over the next 5 years and elaborate on the implications for the oil sector. The key points you are required to touch upon are as follows:
a) the current state of the global economy (it is essential that the information is as up to date as possible);
(b) the challenges and prospects the global economy is likely to face over the next five years;
(c) implications for the oil industry.