Global oil demand has dropped for three straight months as Covid cases have risen in Asia but it is expected to bounce back next month, the International Energy Agency said on Tuesday. Demand fell from July after rebounding the previous month, with major crude consumer China leading the decline, the IEA said in a monthly report. “Global oil demand remains under pressure from the virulent Covid-19 Delta variant in key consuming regions, especially in parts of Asia,” the report said. Demand fell by 310,000 barrels per day on average over the three months to September. But it is expected to recover in October with an increase of 1.6mn barrels per day (mbd) and continue to rise until the end of
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