Thursday, August 27, 2020

World OIl - Major forecasters agree: No oil demand recovery until at least 2022

LONDON (Bloomberg) --Global oil demand won’t return to 2019 levels until at least 2022 and the gap may be getting wider than it seemed a month ago.

All three of the world’s main oil forecasting agencies — the International Energy Agency, the U.S. Energy Information Administration and the Organization of Petroleum Exporting Countries — published new quarterly forecasts this week and none project oil demand back at 2019 levels by the end of next year.

https://www.worldoil.com//news/2020/8/14/major-forecasters-agree-no-oil-demand-recovery-until-at-least-2022?id=31307113

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