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Welcome to the IEA OMR edition of Oil Markets Daily!
We have a lot of issues with the IEA's OMR that was released today, but let's just jump straight to the issues we see right off the bat.
Global oil demand revised lower for Q1 2020 by ~1 mb/d
IEA revised down global oil demand by an additional ~1 mb/d for Q1 2020 which resulted in 2020 oil demand growth to be trimmed by ~365k b/d down to just +825k b/d y-o-y for 2020.
What IEA doesn't say in the report is how much the