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Coronavirus: Oil Utilize to Endure first quarterly Fall in a decade, says IEA

“Global oil demand was hit hard from the book coronavirus and the widespread shutdown of China’s market,” it stated.

Last Updated at February 13, 2020 23:00 IST

International oil demand will endure its first quarterly fall in a decade since COVID-19 virus lashes that the market in China and its impact ripples around the Earth, the IEA said. “Global oil demand was hit hard from the book coronavirus and the widespread shutdown of China’s market,” it said.




First Released: Thu, February 13 2020. 22:57 IST

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Richard Thompson

Richard Thompson

Richard's love for gadgets was probably triggered by an electric shock at the age of five while poking his finger into power sockets for no reason. He managed to destroy a few more desktops and phones until he was sent to England for school. Somehow he ended up in London, where he had the golden opportunity to buy a then senior editor a pint of lager, and here we are.
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