February 11, 2020 / 11:39 AM / 2 months ago

Coronavirus curbs growth in oil demand -Rystad Energy

OSLO, Feb 11 (Reuters) - The coronavirus outbreak will significantly limit the growth in global oil demand this year compared to earlier forecasts, Oslo-based consultancy Rystad Energy predicted on Tuesday.

Rystad now predicts global oil demand will grow by 820,000 barrels per day (bpd) in 2020, down from a December forecast of 1.1 million bpd, it said.

Oil prices have fallen sharply since news of the virus outbreak first emerged in mid-January. (Reporting by Terje Solsvik, editing by Gwladys Fouche)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below