LONDON- Global commodity trader Trafigura Group expects the coronavirus outbreak in China to cut 2020 global oil demand growth by 300,000 barrels per day (bpd) to around 1 million bpd, CEO Jeremy Weir told Fox News.

Weir said he expected a big pick-up in demand in the second half of the year.

He also expects stimulus in China in the second half of the year to buoy industrial demand there.

(Reporting by Ahmad Ghaddar; editing by Jason Neely) ((Ahmad.Ghaddar@thomsonreuters.com; +442075424435; Reuters Messaging: ahmad.ghaddar.thomsonreuters.com@reuters.net))