IEA lowers 2020 oil demand forecast citing dismal aviation sector

Capt. John

The International Energy Agency (IEA) cut its 2020 oil demand forecast on Thursday, warning that reduced air travel due to the coronavirus pandemic would lower global oil demand this year by 8.1 million barrels per day (bpd). The Paris-based IEA slashed its 2020 outlook by 140,000 bpd to 91.9...

https://www.hellenicshippingnews.com/iea-lowers-2020-oil-demand-forecast-citing-dismal-aviation-sector/

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