News
30 March 2020

Vitol says oil demand is down as much as 20%

In:
Oil & gas
Region:
Middle East & Africa, Americas, Asia-Pacific, Europe

Global oil demand has fallen as much as 20% from last year as more countries lockdown billions of people inside their homes in a bid to halt the spread of the coronavirus, trader Vitol says.Russell Hardy, the head of Vitol Group, said that consumption of crude had dropped by between 15 million and...

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