The IEA on Tuesday cut its forecast for 2020 oil demand growth, citing a 'treacherous' path ahead amid weakening market sentiment.
In a closely-watched monthly report, the IEA trimmed its outlook for worldwide oil demand growth to 91.7 million barrels per day.
Oil field workers with Wisco work on a pump jack in North Dakota, the United States, on November 6, 2013.The International Energy Agency on Tuesday cut its forecast for 2020 oil demand growth, citing a "treacherous" path ahead amid weakening market sentiment and an upsurge in the number of coronavirus cases reported across the globe.
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