EIA cuts 2019 world oil demand growth forecast

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WASHINGTON, (Reuters) – The U.S. Energy Information Administration on Tuesday cut its 2019 world oil demand growth forecast by 50,000 barrels per day to 1.49 million bpd.

In its monthly forecast, the agency cut its oil demand growth estimate for 2020 by 50,000 bpd to 1.48 million bpd.

(Washington Energy)