Oil demand growth almost halves amid fears of economic slowdown
by Jillian Ambrose Energy correspondent from World news | The Guardian on (#4MYKK)
Weakest growth since 2008's financial crisis reported as anxiety over US-China trade war grows
The world's demand for oil is growing at the slowest rate since the financial crisis over fears of a global economic slowdown, the International Energy Agency (IEA) said.
The agency said fears about the economic impact of the US trade war with China have caused oil prices to slide despite flaring tensions in the Middle East which would typically cause markets to spike.
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