Coronavirus Will Hit Oil Hard. That’s Where the Consensus Ends

Bloomberg | Feb 14, 2020 at 12:01 AM

Everyone agrees that the novel coronavirus (Covid-19) that has shut down large parts of China’s industry and brought travel to a virtual halt in parts of the country will hit the world’s demand for oil hard. But the three big forecasting agencies are far apart on how severe that impact will be and what it means for 2020 oil balances.