Global Oil Demand Slows, But Rebound In The Works: IEA

Global oil demand is estimated to have declined for three straight months due to a resurgence of COVID-19 cases in Asia.  As a result, Q3 2021 has been revised down by 200,000 bbls/d since last month’s Oil Market Report, said the International Energy Agency (IEA) this morning in its September report on the oil market.

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