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Global demand for oil will decrease - Forecast

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Global oil demand will decrease by 26 million barrels per day.

Axar.az reports this information was spread by Goldman Sach Bank. The bank said the coronavirus situation currently affects 92% of the world's gross domestic product.

It was noted that this is why oil demand has begun to decline faster than expected.

Date
2020.03.30 / 15:55
Author
Tural Azimzadeh
See also

Oil prices fall in global market

Gold hits a new record above $3,744 per ounce

US Federal Reserve cuts discount rate to 4–4.25%

Global oil prices continue to rise

Azerbaijan resumes crude oil exports to India

Oil prices keep climbing on world markets

Global oil prices rise again

Global oil prices decline

Oil prices continue to climb in global markets

Oil prices keep rising in global markets

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