IEA | lyricsfreak.eu

In its latest report — which did not take into account an oil price war after Saudi Arabia and Russia failed to agree to continue production cuts — the IEA chopped its current demand forecast by 1.1 million barrels per day (mbd) in its base case scenario as the coronavirus continues to spread around the … Continue reading ‘Covid-19 to cause 1st decline in oil use in decade’