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Russian Energy Minister: Global demand for oil fell by about a third and reached the bottom

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Wednesday, April 22, 2020 - 14:24
Point Trader Group
Russian Energy Minister: Global demand for oil fell by about a third and reached the bottom

Russian Energy Minister Alexander Novak said that global oil demand decreased by about a third and reached the bottom, while the situation will improve in May when global reductions in crude production begin, adding that global aviation traffic has fallen by 50-60%.

 

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