Demand for oil seen down 0.6%, jet fuel down 11%, road fuel flat, and air traffic down 16% in 2020, according to Rystad Energy’s COVID-19 report
Demand for oil seen down 0.6%, jet fuel down 11%, road fuel flat, and air traffic down 16% in 2020, according to Rystad Energy’s COVID-19 report
Rystad Energy compiled a comprehensive report calculating the effect of the novel coronavirus in our lives and updating estimates for global fuel markets.
As a result of recent developments, with travel restrictions and quarantine obligations being announced daily around the world, we have made substantial updates to most of our es...