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Tanaka Shinobu made the above remarks to Reuters reporter during an energy conference. He said that the possibility of downgrading global oil demand forecast will be high.
Tanaka said: "We currently have not only statistics from the International Monetary Fund but also statistics from the Organization for Economic Co-operation and Development. All of this data looks frustrating, so the possibility of a downward adjustment may be very high. Big, but I can't say how big it is now."
The International Energy Agency, which serves as an energy adviser for 28 developed countries, will publish its next monthly oil market report in mid-April.
International Energy Agency may significantly reduce global oil demand forecast
According to Norway's “Upstream Online†report on April 2 in Paris, the Director-General of the International Energy Agency (IEA) Tanaka Tanaka said here today that as more bleak economic data have emerged, the IEA is likely to substantially reduce its global oil prices. Demand Forecast.