09-08-2019 11:45 via kvoa.com

US-China trade war weakening demand for oil

PARIS (AP) — The International Energy Agency says the U.S.-China trade war and a decline in world economic growth are weakening the demand for oil.
The Paris-based agency, which advises many developed countries on energy policies, cut its forecast for oil demand growth this year and next by 0.1 million barrels a day, to 1.1 million barrels and 1.3 million barrels a day, respectively.
The trade war is worsening a downturn in global growth, dragging down demand for energy sources like oil. T
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