EIA Shows Big Demand Knock Starting in March

摘要

The initial spread of the coronavirus and associated quarantines knocked out almost 8% of total oil demand in the US between February and March, according to official reports. In its Petroleum Supply Monthly report, the US Energy Information Administration (EIA) said domestic liquids consumption averaged less than 18.3 million barrels per day in March, down roughly 1.5 million b/d versus the prior month and almost 2 million b/d from the same time last year.