IEA cuts oil demand forecast for 2021 – MarketWatch
IEA cuts oil demand forecast for 2021 – MarketWatch
A resurgence of Covid-19 cases and new lockdowns are weighing on oil consumption and slowing the rebound in demand, the International Energy Agency said on Tuesday. In its monthly report on the oil market, the IEA lowers its 2021 demand forecast from 280,000 barrels per day to 5.5 million barrels per day. The gloomier outlook […]
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