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Coronavirus: Oil use to suffer first quarterly drop in a decade, says IEA

"Global oil demand has been hit hard by the novel coronavirus and the widespread shutdown of China's economy," it said.

AFP/PTI 

Oil rig
Representative image of an oil rig

Global will suffer its first quarterly drop in a decade as COVID-19 virus lashes the economy in China and its impact ripples throughout the world, the IEA said. "Global has been hit hard by the novel coronavirus and the widespread shutdown of China's economy," it said.

Coronavirus: Oil use to suffer first quarterly drop in a decade, says IEA

First Published: Thu, February 13 2020. 22:57 IST
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