US EIA slashes 2020 oil demand outlook by 3 million b/d to 8.2 million b/d contraction

Capt. John

Global oil demand is set to contract by 8.15 million b/d in 2020 because of the coronavirus pandemic, the US Energy Information Administration said Tuesday, slashing its monthly projection by nearly 3 million b/d. EIA still expects second-quarter global oil demand to take the biggest hit, shrinking...

https://www.hellenicshippingnews.com/us-eia-slashes-2020-oil-demand-outlook-by-3-million-b-d-to-8-2-million-b-d-contraction/

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