‘Bloomberg Commodities Edge’ (03/05/2020) – Full Show

‘Bloomberg Commodities Edge’ (03/05/2020) – Full Show

Global oil demand could contract this year. I'm Alix Steel welcome to Bloomberg Commodities Edge.. Russians getting on board for the kind of size and scale.. So the headline of one point five million you see a flag maddock. response in the oil market go.. the prospect of three point six million barrels coming off the. build in inventories as we look out towards a course at the end. estimates of demand destruction have gone a little overboard. with the Corona virus and as it spreads to other countries there. is a learning curve for the healthy healthcare workers.. always is some kind of learning curve in terms of response. look at the product market and tied to the crude market the. Refiners are getting their product dumped on. What part of the story might be different from the way. has led to less crude oil demand but we're talking about not. seems to be what the demand destruction case is by the third. eventually humans and markets respond and you begin to fix. destruction goes through the entire year.. cutting a million barrels a day for OPEC.. sort of gone along with the deal 19 but they did sort