OPEC has improved its estimate of the fall in oil demand in 2020
January 15, 2021
The estimate of the fall in oil demand in 2020 is slightly improved compared to the previous month – earlier it was assumed that the demand for oil would decrease by 9.77 million bpd, then the new forecast of the fall – by 9.75 million bpd, to 90, 01 million bpd, according to the monthly OPEC report. The forecast for the growth rate of oil demand in 2021 has not changed and is 5.9…