# Short-Term Energy Outlook - Fuels Market News

> The EIA's February 2020 STEO cut its 2020 global liquids demand growth to 1.0 million b/d from 1.3 million, citing coronavirus and warm January weather. It assumes OPEC will cut crude output by 0.5 million b/d from March through May. Libyan outages also reduce OPEC supply.

- Date: 2020-02-13 · published 2020-02-13T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/54763-short-term-energy-outlook-fuels-market-news
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Lower demand growth and an assumed OPEC cut partly offset each other, but the weaker demand outlook is bearish for crude and diesel, which feeds into energy and freight costs for feed producers.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2018-03-13 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/66208-eia-short-term-energy-outlook-fuels-market-news.md) | +1.1% | +6.7% |
| WTI | 2019-04-10 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/59780-eia-short-term-energy-outlook-fuels-market-news.md) | -0.0% | -3.0% |
| WTI | 2022-07-05 | [Weekly Energy Market Situation—July 5, 2022 - Fuels Market News](https://feedsoft.ai/events/11247-weekly-energy-market-situation-july-5-2022-fuels-market-news.md) | -3.9% | -12.8% |
| WTI | 2025-10-30 | [The Commodity Markets Outlook in eight charts](https://feedsoft.ai/events/22717-the-commodity-markets-outlook-in-eight-charts.md) | -1.4% | -3.7% |
| WTI | 2020-01-08 | [Energy & Utilities Roundup: Market Talk - WSJ](https://feedsoft.ai/events/9662-energy-and-utilities-roundup-market-talk-wsj.md) | -7.0% | -18.9% |
| BRENT | 2019-04-10 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/59780-eia-short-term-energy-outlook-fuels-market-news.md) | +0.6% | -0.1% |
| BRENT | 2018-03-13 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/66208-eia-short-term-energy-outlook-fuels-market-news.md) | +1.1% | +9.4% |
| BRENT | 2025-10-30 | [The Commodity Markets Outlook in eight charts](https://feedsoft.ai/events/22717-the-commodity-markets-outlook-in-eight-charts.md) | -2.2% | -1.5% |

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/short-term-energy-outlook-7/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.