News
31 March 2020

Trafigura: Global oil demand could fall around a third next month

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

Commodities trader Trafigura’s chief economist said oil demand could fall by more than 30 million barrels per day in April, as the global economy grinds to a near halt due to the coronavirus. Saad Rahim's forecast, the highest yet from a senior industry forecaster, equates to around a...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
03 September 2026

Taean: A Korean offshore wind test case for ECAs

The embryonic Korean offshore wind market is a long way off project finance adolescence. A viable ECA-backed template for big-ticket projects is set to emerge next year – but...

Perspective
03 September 2026

Serica and Adura: A modest comeback for North Sea RBLs

Serica Energy’s oversubscribed $750 million refinancing and Adura’s $3 billion RBL show that bank liquidity is returning to the UK’s North Sea. But it is returning on terms...