Vaccine will not hit oil demand yet: IEA

OIL demand is unlikely to recover this year as second waves of the COVID-19 pandemic bring lockdowns and uncertainty continues, despite a brief price rally this week after Pfizer announced headway with a vaccine that might be 90% effective. 

Vaccine will not hit oil demand yet: IEA Vaccine will not hit oil demand yet: IEA Vaccine will not hit oil demand yet: IEA Vaccine will not hit oil demand yet: IEA Vaccine will not hit oil demand yet: IEA
The International Energy Agency has revised down its forecast by 400,000 barrels per day for the third quarter of 2020, 1.