IEA: global oil demand to decline in 2020 as coronavirus weighs on markets
Green Car Congress
MARCH 10, 2020
Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. million barrels a day in 2020, down around 90,000 barrels a day from 2019.
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