BRIEFING Coronavirus Cuts Cash Flows, Hits Oil Consumption

摘要

The market is currently fully focused on how China's lockdown from the coronavirus is impacting oil demand in the country itself, in Asia as a region and in the wider world. The initial, rough estimates see oil demand hammered by some 400,000 barrels per day for the year 2020, effectively shaving growth down to just 700,000 b/d.