US EIA cuts 2020 world oil demand growth forecast

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In its month-to-month forecast, the company reduce its oil demand progress estimate for 2021 by 490,000 bpd to six.53 million bpd.

Reuters

September 09, 2020 / 10:35 PM IST

The US Power Data Administration on September 9 reduce its 2020 world oil demand progress forecast by 210,000 barrels per day to eight.32 million bpd.

In its month-to-month forecast, the company reduce its oil demand progress estimate for 2021 by 490,000 bpd to six.53 million bpd.

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