Deep OPEC+ cuts won't be enough to prevent oil inventory build: IEA head
April 03, 2020 at 09:41 AM EDT
Deep oil output cuts by OPEC and other producing nations would not be enough to prevent a huge build in global crude inventories in the second quarter as measures to contain the coronavirus lead to "unprecedented" demand loss, the head of the International Energy Agency, Fatih Birol, said.