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US EIA cuts 2020 world oil demand growth forecast

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

September 09, 2020 / 10:35 PM 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.
Reuters
first published: Sep 9, 2020 10:34 pm
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