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...

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