China Oil Demand Has Plunged 20% Because of the Virus Lockdown
Extracted crude oil splashes on a worker’s hand as it’s being pours from a pipe in the village of Wonocolo, East Java, Indonesia (Photographer: Dimas Ardian/Bloomberg)

China Oil Demand Has Plunged 20% Because of the Virus Lockdown

(Bloomberg) -- Chinese oil demand has dropped by about 3 million barrels a day, or 20% of total consumption, as the coronavirus squeezes the economy, according to people with inside knowledge of th...
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