IEA Urges Working From Home and Cutting Air Travel to Ease Oil Supply Shock

Amid the biggest oil supply shock in history, the International Energy Agency (IEA) on Friday called on governments and consumers to consider immediate measures to reduce oil demand, including working from home and avoiding air travel where possible. The IEA, which last week launched the biggest coordinated emergency stocks release, of 400 million barrels, since it was created in the 1970s, also recommended reducing speed on highways, more people car pooling, and using public transport, where possible and available. The agency calls on consumers…