IEA Sees Continued Oil Market Tightening as Inventories Well Below Five-Year Average

“Global oil demand is estimated to have declined for three straight months due to a resurgence of Covid-19 cases in Asia,” IEA researchers said. “Already signs are emerging of Covid cases abating with demand now expected to rebound by a sharp 1.6 million b ...

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“Global oil demand is estimated to have declined for three straight months due to a resurgence of Covid-19 cases in Asia,” IEA researchers said. “Already signs are emerging of Covid cases abating with demand now expected to rebound by a sharp 1.6 million b ... https://ift.tt/eA8V8J

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