Oil Slips After IEA Lowers 2020 Demand Forecast

Oil prices eased on Thursday after the International Energy Agency lowered its 2020 oil demand forecast due to unprecedented travel restrictions to stop the spread of the coronavirus, but resilience in equities markets and a weak dollar limited losses. Brent crude was down 53 cents, or 1.2%, at $44.90 a barrel by 1:38 p.


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