Tag: #OilDemand
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OPEC forecasts weaker oil demand in 2020-21
Paris, Nov 11 (AFP/APP):OPEC has revised down its forecasts for global crude oil demand this year and next due to the economic disruption caused by the coronavirus pandemic, its monthly report said Wednesday. In its latest estimates, OPEC expects global demand for crude oil to decline by 9.8 million barrels per day (bpd) in 2020,…