Global oil demand could fall much less than expected in 2020 as a result of the coronavirus pandemic if lockdowns ease quickly and the world rebounds from the worst-hit to energy demand since World War II, the International Energy Agency said Thursday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now A reduced lockdown period and a strong economic recovery in the second half of 2020 could limit the annual decline in oil demand to 6.5 million b/d, or 6%, from 2019 levels, the IEA said, 30% below its central forecast of 9.3 million b/d for the year. “Gasoline demand, in particular, could be supported by unwillingness to use public transport as recent trends show in China,” […]

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