Oil producers may need to exert more efforts to lessen the coronavirus impact on the oil market because demand is not expected to recover quickly, given the amount of surplus and large volume of crude held in floating storage, the executive director of the International Energy Agency said Wednesday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “From the current picture [and] if nothing changes, I believe there may a be need for further efforts coming from producing countries in order to make 2020 a bit less worse than what we thought of in the beginning of this crisis,” Fatih Birol said in a Gulf Intelligence interview that was webcast. “Demand will not jump from […]