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IEA does not anticipate rapid drop in oil demand

The International Energy Agency’s 2020 World Energy Outlook assesses the future energy market under four scenarios that hinge on decarbonisation policies and the control of the coronavirus pandemic

The International Energy Agency anticipates that without significant policy changes from governments, global oil demand will not rapidly decline soon and will instead recover in the post-coronavirus world. Natural gas and renewables will also grow, but coal is on the wane

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