IEA is less pessimistic about global oil

demand in 2020
Fuente: https://www.dinero.com/internacional/articulo/precios-
del-petroleo-hoy-14-de-mayo/286321

The international energy agency was less pessimistic about the demand for oil, but
they are still concerned if the second wave of the pandemic becomes a reality.

For weeks the oil market has been suffering a decline due to restrictions to stem
the consequences of the pandemic, but also due to the price war with Saudi
Arabia.

The AEI foresaw a reduction in demand of approximately 9.3 million barrels per
day, but the real figure was 8.3 mbd, therefore it is concluded that better than was
estimated.

Opinion:

I think that the oil market is really affected by this crisis and also the
differences between the most producing countries, affect prices and also
many companies that demand oil that are stopped because demand is really
low.