{"id":372381,"date":"2020-09-08T09:17:00","date_gmt":"2020-09-08T03:47:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=372381"},"modified":"2020-09-08T09:59:49","modified_gmt":"2020-09-08T04:29:49","slug":"piled-up-storage-uncertain-china-demand-stall-oil-market-recovery-iea","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/piled-up-storage-uncertain-china-demand-stall-oil-market-recovery-iea\/","title":{"rendered":"Piled-up storage, uncertain China demand stall oil market recovery: IEA"},"content":{"rendered":"<p>The global economy is likely not headed for any major slowdown due to Covid-19 but piled-up storage and uncertainty over China&#8217;s oil demand cloud oil markets&#8217; recovery, an official with International Energy Agency (IEA) said.<\/p>\n<p>Keisuke Sadamori, IEA director for energy markets and security, told Reuters the outlook for oil was in the midst of either a second wave or a steady first wave of the coronavirus.<\/p>\n<p>&#8220;There is an enormous amount of uncertainty, but we don&#8217;t expect any additional serious slowdown in the coming months.&#8221;<\/p>\n<p>&#8220;Even though (the market is) not expecting real robust growth coming back soon, the view on demand is more stable compared with three months ago,&#8221; he said in an interview.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The global economy is likely not headed for any major slowdown due to Covid-19 but piled-up storage and uncertainty over China&#8217;s oil demand cloud oil markets&#8217; recovery, an official with International Energy Agency (IEA) said. Keisuke Sadamori, IEA director for energy markets and security, told Reuters the outlook for oil was in the midst of either a second wave or a steady first wave of the coronavirus. &#8220;There is an enormous amount of uncertainty, but we don&#8217;t expect any additional serious slowdown in the coming months.&#8221; &#8220;Even though (the market is) not expecting real robust growth coming back soon, the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-372381","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/372381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=372381"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/372381\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=372381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=372381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=372381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}