IEA sees largest drop of oil demand in…

An Indian Oil Petrol Pump employee is seen wearing a face shield, as he fuels a customer's vehicle in an open Petrol Retail Outlet of Kolkata during the Covid-19 pandemic.Avishek Das | SOPA Images |…

View: Oil demand isn’t roaring back yet

By Julian LeeIt was too good to be true. Last weekend’s OPEC+ meeting took a decision in record time to extend deep output cuts that had halted a dramatic slide in prices — and members…

Unlike China, India oil demand stays weak as…

By Saket Sundria, Debjit Chakraborty and Dhwani PandyaIt’s going to take months for oil demand in the world’s third biggest market to get back to pre-virus levels as India faces its deepest recession ever in…

Goldman Sachs’ Jeff Currie warns jet fuel demand…

A technician of the German airline Lufthansa works at a parked plane at the "Franz-Josef-Strauss" airport in Munich, southern Germany, on April 28, 2020, as public life across the world has been limited in measures…

US crude dives more than 20% as coronavirus…

Workers extracting oil from oil wells in the Permian Basin in Midland, Texas on May 1, 2018.Benjamin Lowy | Getty ImagesU.S. crude prices plunged in afternoon Asian trade on Monday as traders continued to fret…