IEA raises 2020 oil demand forecast but oil refining may fall more than IEA anticipates

MOSCOW (MRC) -- The International Energy Agency (IEA) bumped up its 2020 oil demand forecast on Friday but warned that the spread of COVID-19 posed a risk to the outlook. But oil refining activity in 2020 is set to fall by more than the IEA anticipated last month and to grow less in 2021, reported Reuters with reference to its statement.The Paris-based IEA raised its forecast to 92.1 mil

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