Paris-AlSHARQIYA August 13 : The International Energy Agency lowered its forecast for international oil demand for 2020 and 2021 due to the continuous decline of the transport sector, especially aviation, in addition to the health crisis.
It is expected that demand for oil will decline this year to 91.9 million barrels per day, or 140 thousand barrels per day, less than expected, before returning to increase to 97.1 million barrels per day next year, which is 240 thousand barrels less.
The agency said in its monthly report on oil that "air and land transport, the two main components of oil consumption, still face difficulties."
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