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IEA expects global oil demand to fall by 8.4mln bpd in 2020, grow by 5.5mln bpd in 2021

IEA expects global oil demand to fall by 8.4mln bpd in 2020, grow by 5.5mln bpd in 2021

Oct 14, 2020, at 10:55 pm

Moscow/Sputnik: The International Energy Agency has maintained its forecast for the global oil demand to decrease by 8.4 million barrels per day in 2020 and to grow by 5.5 million barrels daily in 2021, according to the monthly report issued Wednesday.