International Energy Agency (IEA) Executive Director Fatih Birol said on April 23 oil prices may decline further this year due to slow demand growth in the markets, mainly driven by what is happening in China. “If there are no other surprises, we may expect oil prices to see a downward pressure further,” he said in an interview with Bloomberg television.
https://www.neglobal.eu/u-s-china-tariff-fight-iran-issue-affect-energy-demand-oil-prices/