Home IEA: 2020 global oil demand set to fall by record 9.3 mln bpd, WTI breaches $20

IEA: 2020 global oil demand set to fall by record 9.3 mln bpd, WTI breaches $20

Updated: 15 Apr. 2020 | 10:07

In its latest monthly oil market report, the International Energy Agency (IEA) noted that the 2020 global oil demand is set to fall by record 9.3 million barrels per day (bpd).

Both crude benchmarks are collapsing on the above headlines, with WTI tumbling towards 19.00.

more to come …

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