COVID-19 causing first drop in oil use in decade: IEA

COVID-19 causing first drop in oil use in decade: IEA

Energy Daily

Published

Paris (AFP) Feb 13, 2020

Global oil demand will suffer its first quarterly drop in a decade as the COVID-19 virus lashes the economy in China and its impact ripples throughout the world, the IEA said Thursday. "Global oil demand has been hit hard by the novel coronavirus (COVID-19) and the widespread shutdown of China's economy," the International Energy Agency said in its latest monthly report. "Demand is now e

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