IEF sees 5.2 mb/d global oil demand shortfall in March and 'stagnant last mile recovery' in 2021
BUSINESS IEF sees 5.2 mb/d global oil demand shortfall in March and ‘stagnant last mile recovery’ in 2021 April 19, 2021 Joseph McMonigle, secretary general of the IEF, during a webinar to present the findings. RIYADH — The International Energy Forum (IEF) on Monday issued a report indicating that global oil consumption from transportation fuels in March was still 5.2 million barrels per day (mb/d) below where it was before the COVID-19 pandemic. The report entitled "Alternative Metrics for Real-Time Ass...