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US EIA cuts 2020 world oil demand growth forecast

US EIA cuts 2020 world oil demand growth forecast
December 13
02:21 2020

In its monthly forecast, the agency cut its oil demand growth estimate for 2021 by 490,000 bpd to 6.53 million bpd.

Reuters

Dec 13, 2020 / 02:04 AM IST

The US Energy Information Administration on September 9 cut its 2020 world oil demand growth forecast by 210,000 barrels per day to 8.32 million bpd.

In its monthly forecast, the agency cut its oil demand growth estimate for 2021 by 490,000 bpd to 6.53 million bpd.

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