Intermodal: Weekly Market Report – Week 28 (2020)

14 July 2020


Weekly Market Report

14 July 2020

Source: Intermodal

The Covid-19 virus spread around the world has obviously impacted the global oil demand while the situation remains fluid. The overall constraints in travelling and broader economic activity have resulted in the decline of global oil demand. The existing turmoil does not allow market participants to come to safe conclusions on what the final impact in the economy and total oil demand will be.

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