{"id":384051,"date":"2020-11-13T11:26:06","date_gmt":"2020-11-13T05:56:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=384051"},"modified":"2020-11-13T11:26:06","modified_gmt":"2020-11-13T05:56:06","slug":"iea-cuts-2020-global-oil-demand-forecast-on-virus-surge","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/iea-cuts-2020-global-oil-demand-forecast-on-virus-surge\/","title":{"rendered":"IEA cuts 2020 global oil demand forecast on virus surge"},"content":{"rendered":"<p>The International Energy Agency (IEA) on Thursday cut its 2020 global oil demand forecast, citing a resurgence of the Covid-19 pandemic, with vaccines unlikely to have much of an impact until well into next year.<\/p>\n<p>The IEA said that as a result of fresh restrictions imposed by governments in an effort to curb the disease, it expected full-year 2020 global oil demand to come in at 91.3 million barrels per day (mbpd) &#8212; down by 8.8 mbpd compared with the drop of 8.4 mbpd given in last month&#8217;s regular report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Energy Agency (IEA) on Thursday cut its 2020 global oil demand forecast, citing a resurgence of the Covid-19 pandemic, with vaccines unlikely to have much of an impact until well into next year. The IEA said that as a result of fresh restrictions imposed by governments in an effort to curb the disease, it expected full-year 2020 global oil demand to come in at 91.3 million barrels per day (mbpd) &#8212; down by 8.8 mbpd compared with the drop of 8.4 mbpd given in last month&#8217;s regular report.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-384051","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384051","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=384051"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384051\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=384051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=384051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=384051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}